China's response to U.S. tariffs against them was to put tariffs on U.S. soybean exports, hurting soybean farmers in the United States significantly since China typically buys more than half of U.S. soybean shipments. This is an example of how ________ can affect markets.
A) incomplete information
B) government influences
C) irrationality
D) consumer sovereignty
E) supply and demand

Question

Quizplus · Accepted Answer

This is an example of government influences affecting markets, as the tariffs imposed by China in response to U.S. tariffs are a direct action by a government that impacts the market dynamics, particularly affecting U.S. soybean farmers by reducing their exports to China.

China's Response to U