With the proposed TPP tariff changes on imported shoes, New Balance would be ________ by the change in prices on some of the imported shoes sold by other companies that compete with New Balance's U.S.-produced shoes, and New Balance would be ________ because of the price it could now charge for the shoes it imports from TPP countries.
A)hurt; helped
B)hurt; hurt
C)helped; hurt
D)helped; helped

Question

Quizplus · Accepted Answer

The first blank should be filled with "hurt" since the proposed TPP tariff changes on imported shoes would make prices for shoes sold by other companies that compete with New Balance's U.S.-produced shoes cheaper, potentially hurting New Balance's sales. The second blank should be filled with "helped" since the price New Balance could charge for the shoes it imports from TPP countries would now be lower, potentially helping their sales.

With the Proposed TPP Tariff Changes on Imported Shoes, New