Why does New Balance benefit from the tariffs on imported shoes? Multiple Choice Tariffs mean...
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Why does New Balance benefit from the tariffs on imported shoes? Multiple Choice Tariffs mean there are fewer U.S. shoemakers. Tariffs mean that imported shoes are much more expensive than domestic shoes. New Balance receives a portion of the tariffs on all imported shoes. Tariffs prevent the market from being flooded with cheaply made imports. The tariffs make it easier for New Balance to export their shoes.
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