Trade Barriers : Tariff

Select a developed country that has implemented a tariff, and a developing country that manufactures products that are impacted by that same tariff. The current US and China tariff “war” cannot be used since these are the two largest economies in the world.

Q1: Investigate the impact of the trade barrier on the developing country’s business sector and quantify the impact, if possible.

Q2: Would you recommend that the developed country eliminate the tariff? Explain your reasoning.

– Embed course material concepts, principles, and theories, which require supporting citations along with at least one scholarly, peer-reviewed reference in supporting your answer unless the discussion calls for more

Book International Economics by Carbaugh, Chapter 4 .

Also attached one journal article

APA style, Times new roman 12 points and around 250-300 words