- Search the Internet for item(s) upon which the U.S. Government has imposed a tariff.
- Write a paper of approximately 500 words describing how each tariff has impacted trade.
- Format your paper using West Writing Style Handbook guidelines.
- Include a minimum of two sources, which may consist of readings from the University Library, your text, and other selections.
To fully cover the impact of a government tariff, please address the following in your papers:
- Price – how has the tariff affected the price, or prices of other goods & services
- Buyers & Sellers – What have buyers and/or sellers done in response to the tariff?
- Who is better off with the tariff? Who is worse off?
- Graph the deadweight loss and government revenues from the tariff (optional).
- What is your recommendation? Remove, Continue, Expand the tariff?
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