those that benefit care far more deeply about these policies. These typical political economy problems associated with trade policy are probably even more troublesome in agriculture, where there are long standing cultural reasons for farmers and farming communities to want to hold onto their way of life, making the interests even more entrenched than they would normally be.Р11.?It would improve the income distribution within the economy since wages in manufacturing would increase, and real incomes for others in the economy would decrease due to higher prices for manufactured goods. This is true only under the assumption that manufacturing wages are lower than all others in the economy. If they were higher than others in the economy, the tariff policies would worsen the income distribution.
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