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True or false problem on import tariffs.

Say if the following statement is true or false and why: "High import tariffs on imported goods don't affect the export activities of the country. Exports depend only on the demand of foreign nations for our products and therefore our exporting firms do not get any benefit if we reduce our tariffs on imported goods".

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M919608

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