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Refer to the information provided in Figure 20.4 below to answer the question(s) that follow. Figure 20.4
-Refer to Figure 20.4. The domestic price of a leather wallet is $20. With free trade the price of a leather wallet is $10 and after a tariff is imposed the price is $15. With the tariff domestic consumption is
Intense Conflict
A severe or highly contentious disagreement, often marked by strong emotions, deep-seated issues, or significant stakes for the parties involved.
Major Differences
Significant disagreements or points of contention between negotiating parties that need to be addressed for an agreement to be reached.
Mediator Behaviors
The actions and approaches taken by mediators to facilitate discussions and negotiations towards resolutions.
Demonstrating Empathy
The act of showing understanding and sharing the feelings of another individual, which can facilitate communication and relationship building.
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