Ask Question
16 August, 00:45

What could an increase in U. S. trade barriers result in?

+3
Answers (2)
  1. 16 August, 02:45
    0
    Trade barriers such as tariffs raise prices and reduce available quantities of goods and services for U. S. businesses and consumers, which lead to lower income, reduced employment, and lower economic output.

    An increase in trade barries may also result in a decline in international trade in the United States.

    Trade barriers are government-induced restrictions on international trade. Trade barriers are detrimental and decrease overall economic efficiency.
  2. 16 August, 04:19
    0
    It would result in a decrease of trade for United states
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What could an increase in U. S. trade barriers result in? ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers