Sunday, November 08, 2009

Unit 2: The effect of USA tariffs on China's pipe exports

The BBC reports the USA imposing tariffs on Chinese pipe imports

a) Using a diagram, explain the effect on the price of pipes from China in the USA after the tariff has been levied
b) To what extent will this effect sales of Chinese pipes in the uSA
c) What do you think might be the next stap in this trade dispute?

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