Microeconomics W5 Dis
1. Transfers
In 250 word discuss why would cash transfers typically be preferred by recipients over in-kind transfers? What are the pros and cons of each from a government perspective?
2. Tariffs and Quotas
In 250 words discuss who gains and who loses from a tariff? How do the effects of tariffs differ from the effects of quotas? If you were a small country what would you rather utilize?
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