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WORKSHOP CCARRION - To What Excent Should Tariffs Be Reised - Reduce Don Products Imported Into Ecuador
WORKSHOP CCARRION - To What Excent Should Tariffs Be Reised - Reduce Don Products Imported Into Ecuador
Abstract
Decreasing or increasing tariffs on products imported into
Ecuador involves complex considerations of economic, political
and social factors. While increasing tariffs may protect domestic
industries and stimulate economic growth, it could also lead to
higher prices for consumers and strains in international trade
relations. On the other hand, lower tariffs could benefit
consumers through lower prices and greater product variety, but
could also weaken domestic industries and competitiveness.
Therefore, in order to make sound policy decisions, it is necessary
to strike a balance that considers the interests of domestic
industries as well as the welfare of consumers.
Keywords:
Tariffs, Import, Protectionism, Trade openness, Economic
impact, Global integration, Optimal level, Economic benefits,
Policy decision-making.
"To what excent should tariffs be reised / reduce don products imported into Ecuador” 4
Positive Impact on
Economic Impact Domestic Industry
of Tariffs on
Ecuador Negative Impact on
Consumers
Outline
Attention grabber: ¨Introduction anecdote or statistic about the relevance of
the topic¨
Hook
It is a challenge for Ecuador to promote international trade
while protecting domestic industry. To what extent should tariffs
on imported products be reduced to foster economic growth and
improve the country's competitiveness?
Thesis statement:
Supporting details:
o Generates employment.
Concluding sentence:
Tariff adjustment can strengthen the local economy by creating jobs and
enhancing the competitiveness of domestic industries
"To what excent should tariffs be reised / reduce don products imported into Ecuador” 6
Body paragraph 2:
Topic sentence:
Supporting details:
o Influence on trade diplomacy.
Concluding sentence:
Body paragraph 3:
Topic sentence:
Supporting details:
o Changes in purchasing power.
o Influence on inflation.
o Affects availability of imported products.
"To what excent should tariffs be reised / reduce don products imported into Ecuador” 7
Concluding sentence:
Dominian Suject
Argument:
The protection of local industries not only shields a
country's economy from unfair competition but also fosters
sustainable economic development, encourages innovation, and
generates employment within the community. It is a strategy that
can benefit both local businesses and the general population,
thereby strengthening the country's economic foundation.
Counterargument:
Final Submission
Claudia Carrión Sotomayor
Level 11
Current Date: 08/05/2024
Tariffs on imported products in Ecuador are crucial
as they affect both the national economy and society. Historically,
these tariffs have been used to protect local industries and
stimulate economic growth. However, this approach can have
negative repercussions for consumers, as higher prices for
imported products can reduce their purchasing power and access
to essential goods.
Historically, Ecuador has used tariffs to protect its
domestic industries from foreign competition and stimulate
economic growth. In Ecuador, tariffs are regulated by the
Constitution Art. 305. (EXTERIOR, 2022) While tariffs can
protect domestic industries, they can also raise the prices of
imported products, thereby reducing the purchasing power of
consumers and potentially limiting access to essential
commodities.
This delicate balance between protecting domestic
industries and ensuring consumer welfare must be carefully
considered in tariff policy decisions. The economic impact of
tariffs in Ecuador is multifaceted and affects both domestic
industry and consumer welfare. While tariffs can stimulate job
creation and economic growth domestically, they can also lead to
higher prices for imported products, which can strain consumers'
budgets. Balancing these competing interests is essential to
making informed tariff policy decisions.
Tariffs protect domestic industries from unfair
competition from abroad, leveling the playing field and
promoting competitiveness. These are also regulated by the
"To what excent should tariffs be reised / reduce don products imported into Ecuador” 10
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