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Evaluate the following statements: a) “An excellent way to reduce unemployment is to enact tariffs on...

Evaluate the following statements:

a) “An excellent way to reduce unemployment is to enact tariffs on imported goods”.

b) “Automobile manufacturing jobs are leaving to Mexico because wages are so much lower there than in the United States. As a result, we should implement tariffs on automobiles equal to the difference between the U.S. and Mexican wage rates.”

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