New Balance manufactures shoes in the United States, so you might expect that the firm would benefit

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New Balance manufactures shoes in the United States, so you might expect that the firm would benefit from a tariff on shoes. Yet New Balance did not actively oppose the Obama administration's attempts to eliminate the shoe tariff imposed on countries that would be part of the Trans-Pacific Partnership. Briefly explain New Balance's position.
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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