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History, 21.07.2020 22:01 Mariann6362
Why do protective tariffs lead to reduced international trade?
O A. Other countries usually respond to protective tariffs with boycotts
and embargoes.
O B. Domestic producers have less incentive to increase production
when they're protected.
C. Protective tariffs increase the price of goods and limit the sale of
those goods.
D. There is a decreasing marginal return on sales when imports are
protected
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Why do protective tariffs lead to reduced international trade?
O A. Other countries usually respond...
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