The gains from international trade are derived not only from economic efficiency but also from increased consumer choice, as consumers and firms often prefer products or inputs manufactured in specific locations.

Authors

• Person: Not available Organization: Brookings
  Tariffs are a particularly bad way to raise revenue | Brookings

Sources

• Tariffs are a particularly bad way to raise revenue | Brookings www.brookings.edu Brookings via serper

Referenced by nodes (2)

• international trade concept
• consumer choice concept