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  • 03-11-2020
  • Social Studies
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What was the result of tariffs dependent on??

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  • 03-11-2020

Answer:

Impact of Tariffs

Explanation:

Tariffs Raise Prices and Reduce Economic Growth

One possibility is that a tariff may be passed on to producers and consumers in the form of higher prices. Tariffs can raise the cost of parts and materials, which would raise the price of goods using those inputs and reduce private sector output.

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