Marisol has always enjoyed a certain chocolate made in Poland. For the past few years, she’s been able to find the chocolate at her local grocery story for nearly the same price as domestic brands. Lately, though, she has noticed that the store has far less of the Polish chocolate, and it has almost doubled in price. She reads an article online that discusses how the government has just restricted the amount of goods that can come into the country from European nations.How has the restriction on European imports affected Marisol?

The restriction on European imports has caused an inconvenience to Marisol. She will have to pay more to buy her favorite chocolate. Sometimes, she may find that the chocolate is out of stock because the supply of foreign chocolate has decreased.

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vtalishathapar vtalishathapar · Answer 2 · 2022-07-19T15:23:36+02:00

Marisol has to pay off more due to imports affected this tends out of stock sometimes. As a result, there is a net decrease in income, employment, and economic production.

What are the disadvantages of Tariffs?

Tariffs are a form of tax, and like all taxes, they drive up the cost of goods for consumers. relationships with other nations are harmed: When tariffs are placed on exports, countries don't like it, and as a result, relations between them frequently worsen.

Thus, Trade restrictions like tariffs, which increase prices and limit the supply of products and services, have been shown to have a negative economic impact on the economy. As a result, there is a net decrease in income, employment, and economic production.

Learn more about Tariffs here:

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