[SOLVED] implemented a tariff
Im working on a Economics exercise and need support.
Select a developed country that has implemented a tariff, and a developing country that manufactures products that are impacted by that same tariff. The current US and China tariff war cannot be used since these are the two largest economies in the world. Investigate the impact of the trade barrier on the developing countrys business sector and quantify the impact, if possible. Would you recommend that the developed country eliminate the tariff? Explain your reasoning.
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