Name and surname: Manuel Alvarez

Type of Domestic Producers Domestic Consumers Domestic budget The Foreign Foreign Consumers Foreign Foreign The World
barrier/support Country Producers Budget Country as a whole
(overall) (overall)
Free Trade (no Lose, higher Win, have access to Win, no barriers imply Wins, Win, they can Win, as more Win, as more Wins, Wins, more
barriers) competition, lower foreign products in more trade and higher access people competing people trading higher trade more
prices for the the same conditions therefore more sales overall consumers that will lower the because more overall wellbeing
products they sell as domestic ones to tax wellbeing otherwise would prices and improve people are wellbeing for
not buy at the quality willing to buy everyone
higher price at low price
Tariff (small Win, since consumers Lose, they are forced Win, as they get the Loses, Lose, they Do not get affected Do not get Loses, Loses since
country) are more willing to to pay a higher price revenue from the tariff wellbeing cannot sell as affected producers the market
buy their products as for the same quality is lost many products are worse is not
foreign products are after the as they could allocating
more expensive tariff resources
the most
efficient way
Nationally Win, since consumers Lose, they are forced Win, as they get the Wins, Lose, they Do not get affected Do not get Loses, Loses since
optimal tariff are more willing to to pay a higher price revenue from the tariff wins cannot sell as affected producers the market
(large country) buy their products as for the same quality offset the many products are worse is not
foreign products are loses as they could allocating
more expensive resources
the most
efficient way
Quotas (small Win, consumers are Lose, they cannot buy Lose, less sales to tax Loses, Lose they Do not get affected Do not get Loses, Loses
country) forced to buy cheaper or better wellbeing cannot sell as affected producers
domestically qualities abroad is lost many products are worse
as they could
Export subsidy Win, since consumers Lose, as they are Lose, they finance the Loses Lose, they Win, they get Win, more Win, Win, the
(small country) are more willing to financing with their subsidy cannot sell as cheaper prices for sales to tax consumer world has
buy their products as taxes perhaps an many products foreign products gains access to
foreign products are industry that is not as they could offset better prices
more expensive that good loses
Export subsidy Win, since consumers Lose, as they are Lose, hey finance the Loses Los, they cannot Win, they get Lose Lose Win
(large country) are more willing to financing with their subsidy sell as many cheaper prices for
buy their products as taxes perhaps an products as they foreign products
foreign products are industry that is not could
more expensive that good
Anti-dumping Win Lose Win Loses Lose Win Lose Loses Win
or
countervailing
duty