A sudden shift from import tariffs to free trade may induce short-term unemployment in:

Question

Quizplus · Accepted Answer

Import-competing industries may face increased competition from foreign goods once import tariffs are removed, leading to short-term unemployment as they adjust to the new market conditions. The other industries listed are either not affected by import tariffs or may even benefit from free trade, so they are unlikely to experience the same level of unemployment.

A Sudden Shift from Import Tariffs to Free Trade May