A New USTariff on Imported Steel Would Be Likely To

question 52

Multiple Choice

A new U.S.tariff on imported steel would be likely to:

• A)raise the cost of production to steel-using American firms.
• B)generate tax revenue to the government.
• C)increase U.S. production of steel.
• D)decrease the production of steel-using American firms.
• E)do all of the above.

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