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Andrei [34K]
3 years ago
12

If the United States imposes an import quota on clothing, U.S. imports_____

Business
1 answer:
AveGali [126]3 years ago
6 0

Answer:

The correct answer is letter "D": decrease, exports decrease, and U.S. net exports are unchanged.

Explanation:

Imposing tariffs may have negative consequences for a country. Typically, this option is taken when the government tries to boost the purchase of domestic products but the countries imposed the quotas impose some other tariffs as well for retaliation. <em>Both exports and imports of those countries are likely to decrease</em> in that case since products become more expensive.

The net exports are calculated by subtracting the total of imports from the total of exports of a country. Under the scenario explained above, under a trade war, the <em>net exports will remain unchanged </em>since both imports and exports will decrease. For a change, only one of them must vary.

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Answer:

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Explanation:

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Answer:

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Explanation:

Economic Resources

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What you need to know:

What is a PRODUCER?

a person, franchise, brand or country etc. that makes, grows, or produces goods and services for sale to customers or consumers.

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