Respond that the following statement is True/False. Luis, the owner of a shoe factory in Panama, is
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Respond that the following statement is True/False.
Luis, the owner of a shoe factory in Panama, is unhappy due to a tax that the U.S. government has implemented on shoes exported from Panama into the United States. The U.S. government says it has imposed the tax in order to protect U.S. shoe companies. This tax is an example of a tariff.
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