History
History, 21.11.2020 23:50, juansantos3328

Select the statement that indicates retaliatory protectionism. Country X is nation Y’s biggest importer. Country X imports electronic items, automobile parts, and LCD televisions from nation Y. Nation Y imports precious metals, minerals, and agricultural products from country X. In 2010, country X imported 20,000 LCD TVs from nation Y. In 2013, country X began developing its own LCD TV manufacturing industry. That year, it asked nation Y to limit its LCD TV exports to 120,000 TVs. The TV manufacturing industry in nation Y suffered a setback, with revenue losses running into the billions. Soon after, nation Y increased tariffs on imports of precious metals from country X. Precious metal exporters in country X protest the raised tariff, but nation Y did not relent. To protect its precious metals industry, country X began negotiating deals with other countries.

answer
Answers: 3
Get

Other questions on the subject: History

image
History, 21.06.2019 19:00, alosnomolina1122
(this is just for fun) "alexander hamilton had a torrid affair and "(hamilton reference) : )
Answers: 2
image
History, 22.06.2019 00:20, leannehounschell
Which of these rose during the great depression? ​
Answers: 2
image
History, 22.06.2019 01:30, idk1561
3. according to oliver, how can the fast food industry with the food revolution? i will give brainliest
Answers: 1
image
History, 22.06.2019 04:20, elise47
How did the industrial revolution give an advantage to industrialized european nations over non-industriallized nations?
Answers: 1
Do you know the correct answer?
Select the statement that indicates retaliatory protectionism. Country X is nation Y’s biggest impor...

Questions in other subjects:

Total solved problems on the site: 8916336