Explain the various impacts of an import tariff in small nations vs. large nations. What are the three main reasons governments prefer using a tariff to restrict imports versus quotas?
Should our government use a weak dollar exchange rate policy to make imports more expensive in order to help our exporters? What roles do the IMF and WTO play in trade and the use of tariffs?
Adhere to APA formatting and reference guidelines when writing your response. Additionally, your response should be free of grammatical errors, use complete sentences, and give specific details to support statements.