Tariffs can achieve specific protectionist and economic welfare goals under certain conditions
the verdict
SUPPORTED
the evidence backs this
confidence 84/100
Economic literature demonstrates that under specific market conditions, such as imperfect competition or infant industry development, tariffs and trade interventions can be designed to achieve desired welfare and protectionist outcomes.
Evidence for · 2
<scp>Welfare‐ and Revenue‐Enhancing Tariff and Tax Reform under Imperfect Competition</scp>
2008 · cited by 22
Paper 0 establishes the theoretical conditions under which specific tariff and tax reforms can enhance both economic welfare and government revenue under imperfect competition.
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More for · 1
The Infant Industry Argument
1997 · cited by 1
Paper 2 provides an exposition of the infant industry argument, supporting the premise that tariffs can achieve specific protectionist goals under targeted dynamic conditions.