Question

What is the long-term effect of tariffs and other trade barriers?

A-higher prices
B-more goods
C-lower prices
D-more jobs

Answer 1

Answer: the long term effect of tariffs and other trade barriers is: A. Higher prices

Step-by-step explanation:

By imposing tariffs or other trade barriers, a country would require exporters to pay additional money if they want to get their products in the country. To maintain the profit level, the exporters are forced to impose higher price to their products.

Answer 2

The long term effect of tariffs and other trade barriers is: A. Higher prices

By imposing tariffs or other trade barriers, a country would require exporters to pay additional money if they want to get their products in the country. To maintain the profit level, the exporters are forced to impose higher price to their products.