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Import tariffs do NOT O raise consumer prices in domestic markets Oraise consumer prices in foreign markets O protect domestic producers from foreign competitors in
Import tariffs do NOT O raise consumer prices in domestic markets Oraise consumer prices in foreign markets O protect domestic producers from foreign competitors in the short run O generate revenues for the government O decrease long-term competitiveness of domestic companies Which of the following is the most subtle trade restriction method? O Import tariff O Local content requirement O Correct Answer O Administrative delay Embargo O Import quota
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