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Following the Tariff Imposed on Chinese Tires, Some Businesspeople Correctly

Question 288

Multiple Choice

Following the tariff imposed on Chinese tires, some businesspeople correctly argued that the U.S. tariff would result in


A) China retaliating by raising tariffs on some U.S. exports.
B) China halting the sale of all products in the United States.
C) U.S. firms never being able to meet the demand for U.S.-produced tires.
D) the government demanding price cuts from U.S. tire manufacturers.

Correct Answer:

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