In fall 2009, the Obama administration decided to impose tariffs on car tires manufactured in China. As

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In fall 2009, the Obama administration decided to impose tariffs on car tires manufactured in China. As a result, imports of car tires decreased.

Considering only the decrease in imports,

a) comment on the effect of such a measure on the IS curve.

b) show your answer graphically.

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Macroeconomics Policy And Practice

ISBN: 9781137393951

1st Edition

Authors: Frederic S. Mishkin

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Question Posted: Nov 11, 2024 05:00 AM

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In fall 2009, the Obama administration decided to impose tariffs on car tires manufactured in China. As

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Macroeconomics Policy And Practice

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