High School

_______ will gain and ____ will lose from the restrictions on imports of solar panels and washing machines. With an import restriction on solar panels and washing machines, we can expect their prices to ___."

Answer :

Final answer:

Import restrictions on solar panels and washing machines can benefit domestic producers but may harm importers and consumers through higher prices.

Explanation:

The subject of this question is Economics. The question is asking about who will benefit and who will suffer from import restrictions on solar panels and washing machines, and how these restrictions will affect their prices.

When import restrictions are imposed, domestic producers of solar panels and washing machines will likely benefit as they will face less competition from imports. On the other hand, importers and consumers may suffer as the restricted supply can lead to higher prices.

For example, with import restrictions on solar panels, domestic solar panel manufacturers can increase their market share and potentially raise their prices. However, consumers who rely on imports may face higher prices and limited choices.

Learn more about Import restrictions here:

https://brainly.com/question/34072974

#SPJ11