Author Question: The US Department of Commerce likely raised tariffs on Chinese solar-product manufacturers in an ... (Read 42 times)

nramada · **on:** Jul 14, 2018

The US Department of Commerce likely raised tariffs on Chinese solar-product manufacturers in an effort to:
A) put a limit on the number of Chinese solar products imported by US consumers.
B) make it cheaper for US consumers to buy solar products from China.
C) give US solar-product manufacturers an opportunity to gain market share.
D) completely halt the import of Chinese solar-products into the United States.
E) help US consumers of solar products.

Question 2

Suppose Russia would like to increase the amount of luxury goods brought into their country from other countries. What trade policy should they enact to accomplish this goal?
A) Increase tariffs on luxury good imports.
B) Enact embargo on luxury good imports.
C) Lower quota on luxury good imports.
D) Decrease tariffs on luxury good imports.
E) Devalue their currency.