Which of the following statement(s) is/are correct about Trade War? 1. A trade war happens when one country retaliates against another by raising import tariffs or placing other restrictions on the opposing country's imports. 2. Trade wars are a side effect of protectionism, which are government actions and policies that restrict international trade Select the correct answer using the codes given below: - Study24x7
Social learning Network
1009 followers study24x7 12 Jan 2021 02:18 PM study24x7 study24x7

Which of the following statement(s) is/are correct about Trade War? 1. A trade war happens when one country retaliates against another by raising import tariffs or placing other restrictions on the opposing country's imports. 2. Trade wars are a side effect of protectionism, w...

See more

A

1 only

B

2 only

C

Both 1 and 2

D

Neither 1 nor 2

study24x7
Write a comment
Related Questions
500+   more Questions to answer
Most Related Articles