The imposition of tariffs on Korean steel has led to ________in imports of Korean steel to the
United States and_________ the price of steel in the United States.

Name: The imposition of tariffs on Korean steel has led to ________in imports of Korean steel to the United States and_________ the price of steel in the United States.
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

Tariffs typically decrease imports by making them more expensive, and they can raise domestic prices as supply is restricted.

The Imposition of Tariffs on Korean Steel Has Led to ________In