ReePrime
Trade wars explained: how do tariffs work?

Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.

Trade wars explained: how do tariffs work?

A
Australian Community Media

36,411 Views • Mar 03, 2025

Description

Economists often describe tariffs as self-defeating in its promise to promote prosperity and increase jobs. Let's take a look at a case study from post-World War II in Germany to see how tariffs play out in the real world. Economists call this time in history 'The Chicken Wars'.