tamangsubina348
tamangsubina348 tamangsubina348
  • 28-11-2021
  • Social Studies
contestada

what is the importance of domestic industry​

Respuesta :

sujandynamo2019
sujandynamo2019 sujandynamo2019
  • 28-11-2021

Answer:

By providing protection to domestic producers their profits can be raised at the expense of consumers who suffer a loss in consumer surplus as protection denies them consumption of low-priced imported goods. That is, protection redistributes income in favour of domestic producers.

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