Asked by AIDAN ECCLESTON on May 30, 2024

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Verified

A tariff on tires benefits domestic producers of tires.

Domestic Producers

Local or national companies and individuals that produce goods or services within a country's borders.

Tires

Rubber-covered, air-inflated components of a vehicle that provide a flexible cushion between the vehicle and the road, enhancing traction and absorbing shock.

  • Acknowledge the advocacies and criticisms pertaining to free trade and protectionism.
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Verified Answer

EJ
Emmanuela JosephMay 31, 2024
Final Answer :
True
Explanation :
A tariff on tires increases the price of imported tires, making domestic tires more competitively priced and potentially increasing sales for domestic producers.