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Business, 05.05.2020 04:05 bullockarwen

Which of the following would be expected if the tariff on foreign-produced shoes were decreased? a. The supply of foreign shoes to the domestic market would decline, causing shoe prices to rise. b. The demand for foreign-produced shoes would decrease, causing the price of shoes to increase in other nations. c. The domestic price of shoes would fall. d. The number of unemployed workers in the domestic shoe industry would decline.

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Which of the following would be expected if the tariff on foreign-produced shoes were decreased? a....
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