Engineering, 25.02.2021 20:20 samanthasheets8006

3. Indonesia has import quotas and tariffs against imports from the United States. The United States continues to import more from Indonesia than they export. Based on this scenario, which reason for
the U. S. trade deficit explains this?
a. Indonesia practices protectionism against the United States.
b. People in the United States love Indonesian goods.
c. Imported oil from Indonesia is very expensive.
d. Indonesia has lower labor costs than the United States.

Answers: 1

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3. Indonesia has import quotas and tariffs against imports from the United States. The United States...