Which is a better outcome for income and standard of living
Levels for large nations?
A)no tariffs
B)low tariffs
C)high tariffs
D)equal tariffs for all nations

Name: Which is a better outcome for income and standard of living Levels for large nations? A)no tariffs B)low tariffs C)high tariffs D)equal tariffs for all nations
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Question

Quizplus · Accepted Answer

No tariffs generally lead to more efficient allocation of resources, lower prices for consumers, and increased trade, which can improve income and standard of living.

Which Is a Better Outcome for Income and Standard of Living