All else equal, a decrease in the level of imports allowed into the United States ________ the demand for goods and service produced in the United States.

Question

Quizplus · Accepted Answer

A decrease in the level of imports allowed into the United States would increase the demand for goods and services produced domestically, as consumers and businesses would have fewer foreign options available and would turn to local alternatives.

All Else Equal, a Decrease in the Level of Imports