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In recent cases, the U.S. placed quotas or protectionist tariffs on imported steel and imported microchips. In both cases the damage to "downstream" industries was obvious to all and relatively easy to quantify and demonstrate. Assuming that the U.S. lawmakers are not plain dumb, why did they enact these protectionist policies?
World Income
The total income generated by individuals and entities across the globe.
Per Capita Income
The average income earned per person in a given area in a specified year.
School Enrollment
The process of registering or entering students into a formal educational institution or program.
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