As imports rose in 13 major industries studied by Shepherd, these U.S.producers, finding themselves at a cost and quality disadvantage relative to imported goods, initially responded by
A)improving technology
B)exiting the industry
C)seeking trade barriers
D)asking that quotas and tariffs be removed
E)raising prices to recoup their losses

Question

Quizplus · Accepted Answer

U.S. producers, facing disadvantages due to rising imports, often seek trade barriers like quotas and tariffs to protect their industries from foreign competition.

As Imports Rose in 13 Major Industries Studied by Shepherd