Throughout the ages countries have implemented impediments to trade.
a. Why would the U.S. impose steep tariffs on Chinese solar panels?
b. Identify 3 cases where the U.S. has imposed import quotas on another country and explain why they were implemented.
c. Identity 3 examples of non-tariff barriers imposed by the U.S. and why they were implemented and their impact on the U.S. and other countries.
d. What could happen to the domestic economy of a country when trade barriers are eliminated and why?