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In 1995, U.S President Clinton considered placing a 100 percent tariff on the import of Japanese cars. A. How would the policy affect the U.S

In 1995, U.S President Clinton considered placing a 100 percent tariff on the import of Japanese cars. A. How would the policy affect the U.S trade deficit and output? B. If you are a President's chief economic adviser, What kind of policy or policy mix would you recommend to reduce the trade deficit without changing the level of output

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