American catfish farmers mounted an aggressive offensive against catfish imports from Vietnam,which increased by over 40 million dollars in four years.As a result of the offensive,U.S.consumers must pay about 50 percent more for catfish imported from Vietnam.Most likely _____ were used to make sure that Vietnam catfish was selling at a price comparable to U.S.-bred catfish.

Question

Quizplus · Accepted Answer

Tariffs would have been used to make sure that Vietnam catfish was selling at a price comparable to U.S.-bred catfish, by imposing an additional tax on imported catfish. This would have made the imported catfish more expensive for U.S. consumers, thereby limiting the amount of imported catfish sold in the market.

American Catfish Farmers Mounted an Aggressive Offensive Against Catfish Imports