Labor unions and businesses in the heavy equipment industry have asked the U.S. Congress to place a tax on imported equipment in order to make it more expensive. They hope that this will allow U.S. producers to be more competitive. The U.S. heavy equipment industry appears to be seeking a(n):

Question

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The heavy equipment industry is seeking a protective tariff, which is a tax on imported goods that is designed to make them more expensive than domestically produced goods. This is meant to protect domestic industries from foreign competition.

Labor Unions and Businesses in the Heavy Equipment Industry Have