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Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364

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BuyFindarrow_forward

Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364
Textbook Problem

Why might legislators vote to impose a tariff an Egyptian cotton, when consumers in their districts would benefit from its availability?

To determine

The reason for the legislators to vote imposing tariff on the thing from which the consumers in their districts will be benefitted is to be determined.

Explanation

Pork-barrel spending of each district or state is considered by politicians i.e. legislators of the respective states or districts and its cost is divided in the people of whole country and they make sure that the benefit of the spending by government must be in their own state and people of their state or district gets the benefit. But, sometimes these legislators do such things which also benefit others so as to get their respective support in the elections. Moreover, the voters may also realize that there vote should not based on such changes of tariff...

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