an import quota or tariff on french wine that raises the prices for wine will probably:,

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Tariffs on wine are nothing new, they have been around for centuries. In the past, these tariffs were put in place to target a certain region of wine makers and make their goods more expensive. Nowadays, France is the dominant player when it comes to exporting wine. So what happens if there’s an import tariff or quota on french wines? Well, prices go up. The argument is that an import tariff on french wines will help the US economy, but it’s not so cut and dry. A better option would be to decrease tariffs for other countries as well – by doing this, wine prices won’t go up in the United States. It might seem like a short-term solution because importing less from France means we’re going to have more of a demand elsewhere. So if you want some cheap wine then get ready for your favorite brands or regions coming out with new packaging (or different labels) to try and sell their products outside of Europe where they are cheaper too!

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