Question

Suppose if the U.S. Shoe company, Bikee kept an embargo on the Brazilian shoe company, BeeBok. Would it be a good thing for a domestic producer and a domestic consumer, if its not really effective and affective just say its N/A

Answer 1

An embargo on a Brazilian shoe company would be a positive attitude for the local consumer and producer.

Step-by-step explanation:

The government decides to promote an embargo on the sale of foreign products, when its country also produces the same product. This is done to stimulate local production, giving preference to the local producer. This also benefits the local consumer, since foreign products, due to the embargo, will be more expensive than national products, which will have more attractive prices to the consumer.

In this case, if the US government promotes an embargo on the footwear of a Brazilian company, the government helps the American producer to have more accessible prices for the population, valuing production and local trade.