If France levies tariffs on American goods entering France, in the short run, this will tend to _____ American producers and _____ French producers.

Question

Quizplus · Accepted Answer

If France levies tariffs on American goods entering France, American producers will be harmed as they will face higher costs and reduced demand in the French market. On the other hand, French producers will benefit as they will face less competition from American producers and may have higher demand for their own products.

If France Levies Tariffs on American Goods Entering France, in the Short