Select a developed country that has implemented a tariff, and a developing country that manufactures products that are impacted by that same tariff. “”The current US and China tariff â€œwarâ€ cannot be used since these are the two largest economies in the world””. Investigate the impact of the trade barrier on the developing countryâ€™s business sector and quantify the impact, if possible. Would you recommend that the developed country eliminate the tariff? Explain your reasoning.
Embed course material concepts, principles, and theories, which require supporting citations along with at least one scholarly, peer-reviewed reference in supporting your answer.
“Must be 1 page – Double space – with at least 2 sources”
Example : USA – India or USA- Europe or USA – Mexico
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