Select a developed country that has implemented a tariff, and a developing country that manufactures products that are impacted by that same tariff. The current US and China tariff â€œwarâ€ cannot be used since these are the two largest economies in the world.
Q1: Investigate the impact of the trade barrier on the developing countryâ€™s business sector and quantify the impact, if possible.
Q2: Would you recommend that the developed country eliminate the tariff? Explain your reasoning.
– Embed course material concepts, principles, and theories, which require supporting citations along with at least one scholarly, peer-reviewed reference in supporting your answer unless the discussion calls for more
Book International Economics by Carbaugh, Chapter 4 .
Also attached one journal article
APA style, Times new roman 12 points and around 250-300 words