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 Canada play the low tariff strategy

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