Economics 9708 · AS & A Level · Protectionism

Protectionism — practice question

Steel is made in several countries, including China, Japan and the US. It is used to produce cars. The US shields its domestic steel industry by charging high tariffs on steel imports from other countries. Which two groups would benefit if the US tariffs were removed?

  • AChinese steel producers and Japanese car manufacturers
  • BJapanese steel producers and US car manufacturers
  • CUS steel producers and Chinese steel workers
  • Dthe US government and Japanese steel workers

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