Some observers have noted that by adopting VERs instead of Some observers have noted that by adopting VERs instead of tariffs in recent years, the United States has injured itself “twice” rather than only “once.” What does this statement mean? Some observers have noted that by adopting VERs instead of

Economics:
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Chapter34: World Trade Equilibrium
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Some observers have noted that by adopting VERs instead of Some observers have noted that by adopting VERs instead of tariffs in recent years, the United States has injured itself “twice” rather than only “once.” What does this statement mean? Some observers have noted that by adopting VERs instead of

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