Assume that a tariff is imposed on Chinese imports into Canada.This tariff is likely to _____ Canadian producers and _____ Chinese producers.

Question

Quizplus · Accepted Answer

A tariff on Chinese imports into Canada would likely benefit Canadian producers by making Chinese goods more expensive, thus encouraging consumers to buy domestically produced goods. Conversely, it would penalize Chinese producers by reducing their competitiveness in the Canadian market.

Assume That a Tariff Is Imposed on Chinese Imports into Canada.This