Are tariffs and quotas increasing as inflation increase?

Since typically tariffs are stated in percentage values, inflation will increase them in nominal dollar terms, but not in real terms (i.e. In purchasing power terms). As for quotas, those may or may not be increased, depending on if they're stated in quantities of goods (e.g. X tons of steel pipe) or in dollar values.

In the latter case, one would need to have the quota updated as inflation eats away at the value of the quota.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

Related Questions