Which of the following is an example of a trade war?

Two countries reduce all trade restrictions on each other.

Two countries impose tariffs on each other's products.

Two countries compete to see which can produce the most of a certain good.

Consumers in two countries refuse to buy the goods of the other country.

Question

Social Studies

Payton Douglas

14 March, 13:52

Which of the following is an example of a trade war?

Two countries reduce all trade restrictions on each other.

Two countries impose tariffs on each other's products.

Two countries compete to see which can produce the most of a certain good.

Consumers in two countries refuse to buy the goods of the other country.

+4

Answers (1)

Know the Answer?

Hendrix · Answer 1

I think is the second one, two countries impose tariffs on each others products because a trade war is an economic conflict resulting from extreme protectionism in which states raise or create tariffs or other trade barriers against each other.