This is homework question, not for exam. Pls help me with this problem, I will upvote -) As part of the recent trade war, the US imposed additional tariffs on Chinese imports. With the aid of relevant diagrams and examples, discuss the possible impact that the imposition of tariffs and quotas could have on the US economy.

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter19: Economic Development
Section: Chapter Questions
Problem 2.3P
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This is homework question, not for exam.

Pls help me with this problem, I will upvote -)

As part of the recent trade war, the US imposed additional tariffs on Chinese imports. With the aid of relevant diagrams and examples, discuss the possible impact that the imposition of tariffs and quotas could have on the US economy.

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