If some companies rely on resources that they have to import, a reduction in trade barriers will lower the cost of those imports, making it cheaper for them to produce their goods.

Question

Answer

Pro: Tariffs inflate the price of important resources, making it harder for firms and consumers in poorer countries to afford them.

Is more trade always beneficial for countries?

If some companies rely on resources that they have to import, a reduction in trade barriers will lower the cost of those imports, making it cheaper for them to produce their goods.

Pros

Cons

Tariffs inflate the price of important resources, making it harder for firms and consumers in poorer countries to afford them.

Selected claim, supporting its parent

If some companies rely on resources that they have to import, a reduction in trade barriers will lower the cost of those imports, making it cheaper for them to produce their goods.

Pro claim 1

Tariffs inflate the price of important resources, making it harder for firms and consumers in poorer countries to afford them.