Multiple Choice
The Trump administration promoted the tariffs on Chinese imports as a reason for firms to return manufacturing jobs to the United States from China. The administration's desire to get firms to return manufacturing to the United States through the implementation of tariffs was an attempt to get firms to follow which key economic idea?
A) People are rational.
B) People respond to economic incentives.
C) Optimal decisions are made at the margin.
D) The market system relies on the principle of voluntary exchange.
Correct Answer:

Verified
Correct Answer:
Verified
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