Who does not gain when a tariff is imposed?

A) Domestic producers of the good.
B) Domestic workers in the protected industry.
C) Domestic consumers of the good.
D) Domestic suppliers in the protected industry.
E) All of the choices are true

Tariff

A tariff is a tax imposed by a government on goods and services imported from other countries, used to restrict trade, as they increase the cost of imported goods and services, making them less competitive than domestic goods.

Domestic Consumers

Individuals or households within a country that purchase goods and services for personal use.

Protected Industry

An industry that receives government support through measures like tariffs, quotas, and subsidies to shield it from foreign competition.