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What is an example of global interdependence?
supporting tariffs that add to the cost of goods manufactured in another country
an American vice president of manufacturing’s concern about a shortage of skilled labor in Sri Lanka
the recommendation to buy only goods produced within one’s country
enacting trade agreements that restrict the United States from trading in textiles with non-Asian countries
supporting tariffs that add to the cost of goods manufactured in another country
Explanation:
Tariffs increase the prices of imported goods. Because of this, domestic producers are not forced to reduce their prices from increased competition, and domestic consumers are left paying higher prices as a result.
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