EU leaders do not realise that such a policy hurts consumers more than it benefits domestic producers or the EU budget.
EU leaders do not have better ways to raise the money they need for the EU budget.
Being fewer in number, EU farmers are better organised than consumers to protect their vested interests.
EU leaders in the Council trade votes for protection of their respective national industries.
Total votes: 38
Learning objectives:
Being able to find data about tariff rates.
Understanding the effects of a tariff on domestic producers, consumers and government revenue.
Introduction to welfare economics and the concept of a deadweight loss.
Understanding the shortcomings of welfare economics and its inability to explain real political behaviour.
Introduction to the logic of collective action.
Understanding the concept of logrolling.
Presentation videos: