Question

how do economic barriers to trade impact countries that enact them? 1 point by causing prices of domestic goods to rise by causing real median household incomes to decline by improving the efficiency of production if the value of the us dollar appreciates, what impact will this have on us imports from other countries? 1 point the us will likely import more goods the us will likely import fewer goods the us will no longer need import goods the us will import the same amount of goods

Explanation:

1. Economic barriers to trade like tariffs or quotas limit competition. Domestic producers face less foreign - competition, which can lead to higher domestic prices as they have more market power.
2. When the US dollar appreciates, it becomes stronger relative to other currencies. This means that US consumers can buy more foreign - denominated goods with the same amount of dollars, so the US is likely to import more goods.

Answer:

1. by causing prices of domestic goods to rise
2. The US will likely import more goods