If Japan levies tariffs on U.S.goods entering Japan,this will tend to:

A) benefit both Japanese and U.S.producers.
B) damage U.S.producers and benefit Japanese producers.
C) benefit U.S.producers and damage Japanese producers.
D) damage both Japanese and U.S.producers.

Question

Tyreek Taylor · Accepted Answer

Final Answer : B, Explanation :  If Japan levies tariffs on U.S. goods entering Japan, it will make U.S. goods more expensive in Japan, making them less competitive with Japanese goods. This will likely lead to a decrease in the demand for U.S. goods in Japan, hurting U.S. producers. On the other hand, Japanese producers will face less competition from U.S. goods, which could benefit them.

If Japan levies tariffs on U.S.goods entering Japan,this will tend to:

A) benefit both Japanese and U.S.producers.
B) damage U.S.producers and benefit Japanese producers.
C) benefit U.S.producers and damage Japanese producers.
D) damage both Japanese and U.S.producers.

Definitions

Learning Objectives

Learning Objectives

Related questions

If Japan levies tariffs on U.S.goods entering Japan,this will tend to:A) benefit both Japanese and U.S.producers.B) damage U.S.producers and benefit Japanese producers.C) benefit U.S.producers and damage Japanese producers.D) damage both Japanese and U.S.producers.

Definitions

Learning Objectives

Learning Objectives

Related questions

If Japan levies tariffs on U.S.goods entering Japan,this will tend to:

A) benefit both Japanese and U.S.producers.
B) damage U.S.producers and benefit Japanese producers.
C) benefit U.S.producers and damage Japanese producers.
D) damage both Japanese and U.S.producers.