Respuesta :

It is a true statement that keeping low-priced foreign imports out of the united states benefits the consumers in protected industries.

What are effect of cheap imports goods?

Most time, a lower priced foreign imports create a competition for domestic industries and allow home-based manufacturing businesses to source cheaper intermediate and capital goods.

So, when the government keeps the low-priced foreign imports out, the trade restrictions benefit U.S. firms in protected industries but they also translate into higher prices and fewer options for U.S. firms and for consumers who purchase the protected products.

Read more about foreign imports

brainly.com/question/24473707

#SPJ1

ACCESS MORE