Tariffs (taxes on traded products between countries) generally have a greater negative impact on those with low medium high O No answer text provided. incomes

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter33: International Trade
Section: Chapter Questions
Problem 16RQ: Are the gains from international trade more likely to be relatively more important to large or small...
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Tariffs (taxes on traded products between countries) generally have a greater negative impact on those with
O low
O medium
O high
O No answer text provided.
incomes
Transcribed Image Text:Tariffs (taxes on traded products between countries) generally have a greater negative impact on those with O low O medium O high O No answer text provided. incomes
The US imports (buy from other countries) a lot of goods that...
O require large amounts of capital (eg machinery and advanced technology)
O do not require high skill to make
O None of the above
O require high skill to make
Transcribed Image Text:The US imports (buy from other countries) a lot of goods that... O require large amounts of capital (eg machinery and advanced technology) O do not require high skill to make O None of the above O require high skill to make
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