Tariffs
- Author
- Jonathan Evans
- Published
- Fri 13 Nov 2009
- Episode Link
- https://www.podomatic.com/podcasts/jonathanevans/episodes/2009-11-13T03_44_42-08_00
In this episode, we define what a tariff is and construct a simple model to demonstrate the effects of the tariff on domestic and world markets. We also discuss some of the disadvantages of tariffs.
