Problem
Write five paragraphs on the effect of tariffs on imported goods from Mexico on the U.S. economy. You will use supply and demand analysis to illustrate the effects of import tariffs on the equilibrium price and quantity in one of the markets in the U.S. One example of tariff that has been imposed to protect U.S. producers from foreign competition is the "Obama's Tariffs on Chinese Tires.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.