Question: From the same piece, Hazitt claims that over time tariffs will reduce real wages. What is his reasoning? A. Tariffs lead to scarcity and the

From the same piece, Hazitt claims that over time tariffs will reduce real wages. What is his reasoning? A. Tariffs lead to scarcity and the wages of people in that industry fall since they cannot produce sufficient amounts for demand. B. Tariffs increase employment which drives wages down. C. Tariffs directly lead to inflation. OD. Tariffs reduce comparative advantage and economic efficiency. E. None of the above

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