What would be your arguments for supporting tariffs? Under what circumstance(s) would you not support tariffs? Address the concepts below within the essay submission.
Define specific tariff, ad valorem tariff, and compound tariff.
Explain how a tariff affects the welfare of a small importing country and a large importing country.
This essay should be comprised of the sections listed below.
Introduction: Provide a brief summary of tariffs, and include one sentence that identifies if you support tariffs or not.
Discussion: Provide a brief summary of two selected articles attached by comparing and contrasting how large and small
importing countries are affected by tariffs. Then, state briefly your position in light of each of the articles.
Conclusion: Summarize the main results, and provide policy recommendations based on them.
You are required to use a minimum of two sources (the articles attached) from the CSU Online Library. All sources used, including the textbook, must be referenced;
paraphrased material must have accompanying in-text citations.