Table 17-4 Consider Trade Relations Between Canada and Germany. Assume That the Assume

Multiple Choice

Table 17-4
Consider trade relations between Canada and Germany. Assume that the leaders of the two countries believe the payoffs to alternative trade policies are as follows:


-Refer to Table 17-4.Pursuing its own best interests,when will Germany impose trade sanctions or high tariffs against Canadian firms

A) only if Canada plays a high tariff strategy with Germany
B) only if Canada plays a low tariff strategy with Germany
C) regardless of the strategy that Canada plays
D) under no circumstances