Suppose aluminum prices rise in international markets. U.S. firms that import aluminum face higher marginal costs and raise prices. This scenario describes:

Name: Suppose aluminum prices rise in international markets. U.S. firms that import aluminum face higher marginal costs and raise prices. This scenario describes:
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The scenario describes cost-push inflation, as rising aluminum prices increase the cost of production for U.S firms and lead to higher prices for consumers.

Suppose Aluminum Prices Rise in International Markets