76.0k views
4 votes
Whose interests should be the paramount concern of government trade policy: the interests of producers (businesses and their employees) or those of consumers?

1 Answer

3 votes

Answer:

interests of consumers

Step-by-step explanation:

The long run interests of consumers should be the paramount concern of government government trade policy. Consumers are negatively impacted by only a few dollars and producers have a great deal at stake. Employees may lose jobs if there are more efficient foreign competitors. In such a situation, government should help these employees to get jobs where they can be efficiently employed.

User Wkordalski
by
8.1k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.