If all tariffs on international trade in steel were removed, and subsidies to steel exporters around...

If all tariffs on international trade in steel were removed, and subsidies to steel exporters around the world were banned, who would benefit? Who would lose from such action?

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Answer: If tariffs on international trade in steel were removed, and subsidies to steel exporters around the world were banned, the consumer would stand to benefit, while the inefficient steel producer would lose.

Rahul Sunny answered 1 year ago

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