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koban [17]
3 years ago
9

Tariffs are used to encourage global trade between two countries. a. True b. False

Business
2 answers:
eduard3 years ago
6 0
B. False because it's used to Restrict Trade as they increase the price of imported goods making them more expensive for customers hoped this helped.
ira [324]3 years ago
3 0
Tariffs are intentional taxes on imports from other countries. They are used to drive taxes up so that goods made in the country are more attractive to consumers. Because of this, other countries retaliate and raise their taxes too.

The answer is B: False
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Answer:

<u>Increases,.. higher... more.. low.. lower</u>

Explanation:

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Also, In the short run, this <em>positive change</em> in prices induces firms to produce more goods and services.

This, in turn, leads to<u> a low level of unemployment because companies increase their demand for more labour to meet their demand.</u>

In other words, the economy faces a trade-off between inflation and unemployment: Higher inflation leads to lower unemployment.

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3 years ago
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That's being said, this method wouldn't be as effective compared to actually making preparation beforehand.

4 0
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