Which of the following is an example of a trade war?

Two countries reduce all trade restrictions on each other.

Two countries impose tariffs on each other's products.

Two countries compete to see which can produce the most of a certain good.

Consumers in two countries refuse to buy the goods of the other country.

Question

Social Studies

Jenny Rich

20 October, 00:31

Which of the following is an example of a trade war?

Two countries reduce all trade restrictions on each other.

Two countries impose tariffs on each other's products.

Two countries compete to see which can produce the most of a certain good.

Consumers in two countries refuse to buy the goods of the other country.

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Answers (1)

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Lilyana Andersen · Answer 1

I think is the second one, two countries impose tariffs on each others products because a trade war is an economic conflict resulting from extreme protectionism in which states raise or create tariffs or other trade barriers against each other.