Question

If a high tariff on steel imported into the United States is removed, how would it affect employment in the U.S. auto industry?

a) Increase employment
b) Decrease employment
c) No impact on employment
d) Depends on other factors

Answer 1

The removal of a high tariff on imported steel into the United States is likely to have a negative impact on employment in the U.S. auto industry, as it could lead to a decrease in demand for domestically produced steel.

Step-by-step explanation:

The removal of a high tariff on steel imported into the United States would likely have a negative impact on employment in the U.S. auto industry. This is because lower tariffs would make imported steel more affordable for domestic auto manufacturers. As a result, they may choose to purchase more imported steel instead of relying on domestic production. This could lead to a decrease in demand for domestically produced steel, potentially resulting in job losses in the U.S. steel industry, which in turn could impact employment in the U.S. auto industry.