We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
The Economics and Politics of Import Quotas: A Teaching Note.
- Authors
Thies, Clifford F.
- Abstract
The economic analysis of import quotas is straightforward enough, and yet challenging for many students. Why would a country enact an import quota when a tariff that is as effective in restricting imports generates revenue to the government that captures much of what would be deadweight loss with an import quota? Unfortunately, the standard model of quotas, while correct, is a bit confusing. This teaching note presents an alternate model for import quotas.
- Subjects
IMPORT quotas; GOVERNMENT revenue; ECONOMICS education; TARIFF; PRACTICAL politics
- Publication
Journal of Private Enterprise, 2023, Vol 38, Issue 1, p77
- ISSN
0890-913X
- Publication type
Article