Suppose that the United States eliminate its tariffs on steel imports, permitting foreign-produced steel to enter the U.S. market. Steel prices to U.S. consumers would be expected to:
A.
Increase, and foreign demand for U.S. exports would increase.
B.
Decrease, and foreign demand for U.S. exports would increase.
C.
Increase, and foreign demand for U.S. exports would decrease.
D.
Decrease, and foreign demand for U.S. exports would decrease.