A U.S. tariff on textiles would ________ U.S. prices on clothing and ________ the number of jobs in the U.S. textile industry.
A) reduce; decrease
B) reduce; increase
C) raise; decrease
D) raise; increase

Question

Quizplus · Accepted Answer

A tariff on textiles would make imported textiles more expensive, leading to higher prices for clothing made from these textiles. It would also protect the domestic textile industry from foreign competition, potentially increasing the number of jobs.

A US Tariff on Textiles Would ________ U