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Smart Reasoning:

C&E

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Qaagi - Book of Why

Causes

Effects

Treatydesignedto promote free trade by reducing both tariffs and nontariff barriers to international trade GENERAL AGREEMENT ON TARIFFS AND TRADE

Governmentsinfluencethe patterns of imports and exports by tariffs , quotas and other trade restrictions

these activitiescan leadpoliticians to impose restrictions such as quotas and tariffs in markets affected by international trade

Recent economic uncertaintyhas leadto some talk of de - globalisation where international trade declines due to increased protectionism ( tariffs and quotas

nationssetinternational production quotas and prices

Uganda ... coffee - producing nationssetinternational production quotas and prices

the mid-1990sleadingto decreased tariffs and quotas on United States ' imports

in agricultureresultedin reduced tariffs and higher quotas

His workcontributed significantlyto of changing tariff rates and trade quotas

in generalleadsto an of changing tariff rates and trade quotas

a tax or subsidy Policiesdesignedto raise prices Import tariffs and quotas

countriesresultfrom reducing tariffs , quotas and other barriers to trade

member Geneva - based organizationsetsinternational tariff and trade rules

North American Free Trade Agreementcausingretaliatory trade restrictions and tariffs by other countries

These proposalscould leadto International trading of quotas and days

by the United States(passive) led bya concerted global effort to reduce tariffs , quotas , and other trade barriers

Re - negotiate North American Free Trade Agreementcausingretaliatory trade restrictions and tariffs by other countries

establishes the principlesto setprices , tariffs , taxes , and quotas

the new Brexit pactwould leadto tariffs and quotas damaging bilateral trade

under the General Agreement on Trades and Tariffs ( GATThave been seton tariffs in order to encourage international trade

a mathematical formuladesignedto cut and harmonize tariff rates in international trade

Their protectionist policiesledto tariffs and an international trade war

the key manufacturersleadingto higher imposed tariffs on international trade

trade agreementsmay resultin tariffs and trade wars

a platformto settrade terms and tariffs

U.S. trade deficits have helpedcausetariffs and trade wars

a free trade agreementdesignedto reduce tariffs and quotas

Free trade ... a governmentdoes ... influenceinternational trade through quotas and tariffs

Terms of the Free Trade Area of the Americas trade accordsetto eliminate quotas and tariffs

Terms of the Free Trade Area of the Americas treatysetto eliminate quotas and tariffs

legislationcould resultin the imposition of quotas and tariffs

The next step down that road , you pretty quickly go from currency wars to trade wars and trade warsleadto tariffs and then export quotas

The next step down that road , you pretty quickly go from currency wars to trade wars and trade warsleadto tariffs and then export quotas

The U.S. stoppedleadingon trade and tariffs

Probes on steel and aluminum importshave ledto tariffs and quotas

Probes into steel and aluminum importshave ledto tariffs and quotas

by governments(passive) set bytariffs and quotas

measuresleadto tariffs and quotas

U.S. trade lawcould resultin quotas and tariffs

protectionist laws ... or standard of goodsset forthof tariffs quotas

the economyto influencethe economy

Net exports(passive) are influenced byNet exports

to economic distortionsleadto economic distortions

on goodsseton goods

to more consumer choice , cheaper goods for consumers , and a better economyleadsto more consumer choice , cheaper goods for consumers , and a better economy

the balance of tradecan influencethe balance of trade

in trade wars between nationscan resultin trade wars between nations

to protect domestic producersdesignedto protect domestic producers

the economic growth of developing economiesinfluencethe economic growth of developing economies

the amount of New Zealand goods , such as sheepmeat and buttersetthe amount of New Zealand goods , such as sheepmeat and butter

in uncertainty surrounding the future state of the global economyhave resultedin uncertainty surrounding the future state of the global economy

in the theory of purchasing power parityresultsin the theory of purchasing power parity

to protect the domestic industrydesignedto protect the domestic industry

likelycontributedlikely

new car prices to rise by an average of $ 4,400 , an increase that would also hit American - made vehiclescould causenew car prices to rise by an average of $ 4,400 , an increase that would also hit American - made vehicles

market access(passive) caused bymarket access

to the establishment of the World Trade Organization ( WTOhave ledto the establishment of the World Trade Organization ( WTO

to deflect a damaging flood of steel imports into Canadian markets as a result of U.S. leviesdesignedto deflect a damaging flood of steel imports into Canadian markets as a result of U.S. levies

in trade wars between nationscan resultin trade wars between nations

to a capital warcan leadto a capital war

in other countriesoriginatingin other countries

to economic distortionsleadto economic distortions

a country 's currencycausea country 's currency

a country 's currency tocausea country 's currency to

a country 's currency tocausea country 's currency to

to help specific industriesdesignedto help specific industries

in higher prices and limited availabilityresultsin higher prices and limited availability

a deadweight loss , a cost to society created by market inefficiency , borne by everyone in the economycausea deadweight loss , a cost to society created by market inefficiency , borne by everyone in the economy

in A ) higher levels of domestic consumptionresultin A ) higher levels of domestic consumption

smugglingwill causesmuggling

to some disruptionleadingto some disruption

to keep domestic prices high and limit importsdesignedto keep domestic prices high and limit imports

to higher domestic pricesleadto higher domestic prices

to higher prices for American consumerswould ... leadto higher prices for American consumers

to protect domestic industries and their workersdesignedto protect domestic industries and their workers

in increasing the price of the imported goodsresultin increasing the price of the imported goods

in increasing the price of imported goodsresultin increasing the price of imported goods

to keep foreign - made goods from unfairly competing against U.S. productsdesignedto keep foreign - made goods from unfairly competing against U.S. products

to protect domestic dairy producers from being undercut by less expensive imports , particularly from the EU and US , which subsidize their dairy producersdesignedto protect domestic dairy producers from being undercut by less expensive imports , particularly from the EU and US , which subsidize their dairy producers

to protect their own farmersdesignedto protect their own farmers

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Smart Reasoning:

C&E

See more*