who benefits from a quota on imported goods to the u.s
Import quota Quotas, like other trade restrictions, are typically used to benefit the producers of a good in that economy.
Economic nationalism While the coining of the term "
Economics Theory and observation set out the conditions such that market prices of outputs and productive inputs select an allocation of factor inputs by comparative advantage, so that (relatively) low-cost inputs go to producing low-cost outputs. In the process, aggregate output may increase as a by-product or by design.[37] Such specialization of production creates opportunities for gains from trade whereby resource owners benefit from trade in the sale of one type of output for other, more highly valued goods. A measure of gains from trade is the increased income levels that trade may facilitate.[38]
Paris Peace Accords