Tariffs have the potential to drive up prices by increasing the cost of imported raw materials and intermediate goods, which can be passed on to consumers when demand for final goods is inelastic.

Authors

• Person: Ramu Thiagarajan, Jennifer Bender, Michael Metcalfe Organization: State Street
  The price of protectionism: Understanding the economic tradeoffs of ...

Sources

• The price of protectionism: Understanding the economic tradeoffs of ... www.statestreet.com Ramu Thiagarajan, Jennifer Bender, Michael Metcalfe · State Street via serper

Referenced by nodes (2)

• tariff concept
• consumer prices concept