The imposition of new trade tariffs has resulted in tensions between the United States and some of

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The imposition of new trade tariffs has resulted in tensions between the United States and some of its major trading partners. Suppose you are a small business owner in the United States.

a. How would you classify the risk of a U.S. economic downturn that results from such trade conflict?

b. Do you think a strategy to reduce this risk through hedging or spreading risk within the U.S. economy would be successful? Explain your answer.

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Related Book For  answer-question

Money Banking And Financial Markets

ISBN: 9781260226782

6th Edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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