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

Theresa Perry

in Business

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William Cain on January 6, 2018

The tariffs are intentional taxes on imports from other countries. It is used to drive the taxes up to so that the goods produced in the country are more attractive to consumers. Because of this, other countries retaliate and raise their taxes.The answer is B: False


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