According to some economists, the protection granted to infant industries should be
A) terminated after one year.
B) for new firms that eventually would develop significant economies of scale in their production processes
C) restricted to firms that face little competition
D) based on current absolute advantage
E) permanent
Correct Answer:
Verified
Q126: Which of the following is not a
Q127: The establishment of GATT resulted in
A)lower tariff
Q128: A major U.S.motive for negotiating a free-trade
Q129: A major U.S.motive for negotiating a free-trade
Q130: The General Agreement on Tariffs and Trade
Q132: Dumping is the practice of
A)selling a lower
Q133: Which of the following is not a
Q134: Which of the following is not an
Q135: The World Trade Organization (WTO)
A)members are required
Q136: The largest regional trading bloc is the
A)North
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