Add to Chrome
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
What is one likely effect of tariffs on imported goods?
They raise consumer prices and slow economic growth
They lower consumer prices by reducing production costs
They increase domestic production with no effect on prices
They have marginal effects on the economy and consumers
Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!