A tariff may not reduce imports to the degree hoped for by those who introduced it. The foreign exporters or the domestic importers, or both , may absorb most of the duties and foreign exchange costs. Because the foreign goods are offered to consumers at a little more than the former price and prices , the volume of sales may decline only slightly. Or even if the full price of the duty is added to the selling price , consumers may still buy practically as much as before. In either case domestic producers of similar goods do not derive much benefit or benefits from the tariff. Foreign goods may be selling in virtually the same quantities as before, the share of the market held by domestic producers will be little changed, if at all. Because of the possible consequences , a tariff imposed as a means if conserving foreign exchange , may similarly fail to produce the desired result or result, With the volume of imports down only slightly, if at all the expenditure of foreign exchange and forex currencies will the same as before or down just a small amount or percentage.
Consumer gloom lightens in March | Euro News 24 – 04:10 The GfK/NOP consumer confidence barometer rose to a 10-month high of -30 in March from -35 in February, confounding expectations for an unchanged reading.The figures will provide some cheer for who is lagging in opinion polls and …
NewsDaily: Final Four fun overshadowed by Big Three gloom – The excitement of the Final Four was overshadowed by grim news for the Big Three automakers on Monday, pouring cold water on one of American sport’s biggest parties.
British consumer gloom lightens in March-GfK | Financial 24 – 03:39 LONDON, March 31 – British consumers grew less gloomy in March as lower mortgage repayments boosted disposable income even as the recession took an increasingly heavy toll on jobs, a survey showed on…
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TAT LOOKing TO MIDdle EAST TO LIFT GLOOM – Nationmultimedia.com – The Nation – Thailand’s top English news website, Thai politics news , business update , Bangkok , Thailand Travel , News in video – nationmultimedia.com
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Doom and Gloom by David Wygant – The stock market is down 300 points… Unemployment reaches 10% in California… Foreclosures are at an all-time high…
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