Business, 07.03.2020 02:21 saucyboyFredo
Assume that U. S. companies are importing the same product from Mexico and Taiwan. The United States enters into an FTA with Mexico but not with Taiwan. Consequently, the United States begins to import more goods from Mexico (due to lower tariffs) than from Taiwan, even though the Mexican products may not be any better or cheaper. This is an example of .
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Assume that U. S. companies are importing the same product from Mexico and Taiwan. The United States...
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