Trade War Scenario
To protect its domestic industries, Country A imposes a tariff on imports from Country B. Country B retaliates by imposing tariffs on imports from Country A. Country A then establishes import quotas on goods from Country B, and Country B responds in kind. Which of the following terms best describes this sequence of events?
A
A violation of international law
B
International trade
C
A trade embargo
D
A trade war
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