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Question 1 (Multiple Choice Worth 5 points)

How do higher tariffs on exports affect trade with the United States?

A. Consumers purchase fewer U.S.-made products.
B. U.S.-made products are less available for purchase.
C. Consumers pay higher prices for imported products.
D. U.S.-made products suffer decreased popularity.



Answer :

GinnyAnswer

Final answer:

Higher tariffs on exports impact U.S. trade by influencing consumer behavior and product availability and pricing.


Explanation:

Higher tariffs on exports affect trade with the United States by:

  1. Consumers purchase fewer U.S.-made products.
  2. U.S.-made products are less available for purchase.
  3. Consumers pay higher prices for imported products.

These effects demonstrate how tariffs impact consumer behavior and the availability and pricing of domestic and imported goods.


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