A sudden reduction in import tariffs is most likely to result in short-term unemployment for workers of companies that
A) compete with imports
B) only export
C) export and also sell domestically
D) are not affected by trade
Correct Answer:
Verified
Q45: Which one of the following groups of
Q46: The imposition of a tariff on imports
Q47: Seekers of trade restrictions are often
A) established
Q48: For the U.S., the imposition of tariffs
Q49: All of the following are justifications for
Q51: The promotion of free trade among the
Q52: A quota is similar to a tariff
Q53: A difference between a quota and a
Q54: When import tariffs are imposed by the
Q55: In the U.S., quotas on the numbers
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