Over the past 70 years, the United States has reduced its average tariff rate so today it is less than 5 percent.

Name: Over the past 70 years, the United States has reduced its average tariff rate so today it is less than 5 percent.
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Question

Quizplus · Accepted Answer

This statement is true, as data from the World Bank shows that the average tariff rate for the United States was 4.89 percent in 2018, down from 5.15 percent in 2017 and significantly lower than the 40-50 percent range it was in during the 1940s and 1950s.

Over the Past 70 Years, the United States Has Reduced