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lorasvet [3.4K]
2 years ago
6

Suppose the United States increases the tariff on imported bluefin tuna. What would the consequences be

Business
1 answer:
andreyandreev [35.5K]2 years ago
6 0

Answer:

The tariff raises the domestic price of the imported product, and domestic producers of the product raise their price when the domestic price of imports increases.

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An example of accepting liquidated damages is when valerie backed out of the deal and Kenneth kept the earnest deposit.

<h3>What is a liquidated damages?</h3>

A liquidated damages refers to a pre-estimated probable loss that would be suffered from the late completion of a contract.

In conclusion, the example of accepting liquidated damages is when valerie backed out of the deal and Kenneth kept the earnest deposit.

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<em>brainly.com/question/25697446</em>

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