If policymakers impose import restrictions on electronics,the U.S.trade deficit will shrink.

Question

Quizplus · Accepted Answer

Imposing import restrictions on electronics will not necessarily result in shrinking the U.S. trade deficit as it may lead to retaliation from trading partners, affecting exports of U.S. goods and services. Additionally, it may increase the cost of electronics for U.S. consumers and businesses, leading to decreased demand and consumption.

If Policymakers Impose Import Restrictions on Electronics,the U