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September 3, 2020I see that most of these questions were already submitted before, so it should not take too much time to get the answers.
September 3, 2020- Suppose the US implements a trade policy that produces an increase in imports.
- What special-interest groups in the US will most likely gain from the increased imports?
- What special-interest groups in the US will most likely lose from the increased imports?
(Special interest groups include consumers; various industries; e.g. the domestic auto and computer industries; workers in different industries, e.g. steelworkers and textile workers; and groups representing social causes like environmentalists and those supporting reform of working conditions.)