US High School Economics class: The EU’s impossible choice on trade and tariffs
Trade and specialisation
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Trade and specialisation
Click to read the article below and then answer the questions:
The EU’s impossible choice on trade and tariffs
Which producers favour increasing tariffs in the EU? Which producers oppose increased tariffs in the EU?
How has the threat of increased tariffs in the US affected the EU? Why?
How does the EU and US tariff situation resemble a “prisoner’s dilemma”?
Ariel Slonim at MRU’s Econ in the News
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