Question 12 3 pts The US started a trade war, by imposing tariffs, with China in early 2018. The argument for such poor way of dealing with trade related issues was it could force US companies producing products in China to produce those products in the US. Such argument can only be true if: 1. those companies have nowhere else to move their productions. II. those companies have the suppliers for the inputs needed for their products in the US. III. there are enough low skill labor force to take those low skill manufacturing jobs. O III only I only O 1. ll and III I and Il only Question 13 3 pts The financial market and fixed assets return in the US has been extremely strong after the global market crash due to the coronavirus pandemic. These two factors can: cause the US dollar to appreciate against other currencies and increase trade deficits. cause the US dollar to depreciate against other currencies and lowers the the trade deficits. cause the US dollar to appreciate against other currencies and lowers the trade deficits. cause the US dollar to depreciate against other currencies and increase trade deficits