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Question 4 1 pts Looking at the box, the Nash equilibrium between the two countries is: Low tarifs High tarifs China $50 billion China $100

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Question 4 1 pts Looking at the box, the Nash equilibrium between the two countries is: Low tarifs High tarifs China $50 billion China $100 ron Low Carits US gains Slobo United $50 bilo $10 billion China $25 billion High tariffs US US 5100 bin Click to view larger image. both should levy high tariffs China should levy low tariffs and United States should levy high tariffs. China should levy high tariffs and United States should levy low tariffs. China should levy low tariffs and United States should levy low tariffs

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