The higher price of imported products due to trade barriers causes some consumers to shift their purchases to a domestically-produced product which is now:

Name: The higher price of imported products due to trade barriers causes some consumers to shift their purchases to a domestically-produced product which is now:
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Question

Quizplus · Accepted Answer

When trade barriers increase the price of imported goods, domestic products face less competition, allowing domestic producers to raise their prices.

The Higher Price of Imported Products Due to Trade Barriers