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A Possible Reason a Nation Might Impose a Restrictive Policy

Question 142

Multiple Choice

A possible reason a nation might impose a restrictive policy such as a tariff is to


A) help domestic firms increase market share relative to their foreign competition.
B) increase the welfare of domestic consumers.
C) increase the level of imports.
D) encourage specialization in the good in which the nation has a comparative advantage.
E) give consumers more foreign-made options.

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