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5 April, 18:45

What downsides might brazil experience by implementing quotas, tariffs, and measures to devalue its currency

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  1. 5 April, 20:35
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    The disadvantage of quotas and tariffs are the products may not be produced and import and then the local business can charge any price they want and while local business are protected, the consumer is impacted drastically. The consumer will be impacted regardless as the supply will be down increasing the demand and the prices for all will rise. The general increase of prices for goods and at the same time devaluing the currency will lead to inflation.
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