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US Tire Producers Did Not Support the 2009 Tariff on Chinese

Question 26

Multiple Choice

U.S. tire producers did not support the 2009 tariff on Chinese tire imports because U.S. producers that also produce tires in China would have experienced a(n) ___________ in their ___________.


A) increase; consumer surplus
B) increase; producer surplus
C) decline; consumer surplus
D) decline; producer surplus

Correct Answer:

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