If Japan levies tariffs on U.S.goods entering Japan,this will tend in the short run to _ U.S.producers and _ Japanese producers.

A) benefit;benefit
B) damage;benefit
C) benefit;damage
D) damage;damage

Question

If Japan levies tariffs on U.S.goods entering Japan,this will tend in the short run to _____ U.S.producers and _____ Japanese producers.

A) benefit;benefit
B) damage;benefit
C) benefit;damage
D) damage;damage

Yvette Garcia · Accepted Answer

Final Answer : B, Explanation :  The levying of tariffs on U.S. goods entering Japan will make them relatively more expensive compared to the Japanese goods, leading to a decrease in the demand for U.S. goods in Japan. This will cause damage to U.S. producers. On the other hand, Japanese producers will face less competition from U.S. goods and may experience increased demand for their products, leading to benefits for Japanese producers.

If Japan levies tariffs on U.S.goods entering Japan,this will tend in the short run to _ U.S.producers and _ Japanese producers.

A) benefit;benefit
B) damage;benefit
C) benefit;damage
D) damage;damage

Definitions

Learning Objectives

Learning Objectives

Related questions

If Japan levies tariffs on U.S.goods entering Japan,this will tend in the short run to _____ U.S.producers and _____ Japanese producers.A) benefit;benefitB) damage;benefitC) benefit;damageD) damage;damage

Definitions

Learning Objectives

Learning Objectives

Related questions

If Japan levies tariffs on U.S.goods entering Japan,this will tend in the short run to _ U.S.producers and _ Japanese producers.

A) benefit;benefit
B) damage;benefit
C) benefit;damage
D) damage;damage