2. The U.S. argument is that European producers dump steel on the U.S. market. With an import...

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2. The U.S. argument is that European producers dump steel on the U.S. market. With an import quota, U.S. steel producers will face less competition and U.S. jobs will be saved. Workers in the steel industry and owners of steel companies will win at the expense of U.S. buyers of steel.

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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