Almost all economists support protectionist policies because protection
A) saves jobs.
B) prevents rich countries from exploiting poorer countries.
C) is a good way for governments in developed nations to raise revenue.
D) Economists would not support any of the above reasons.
Correct Answer:
Verified
Q81: A difference between a quota and a
Q85: Tariffs _ the domestic price of the
Q85: An import quota specifies the
A) price that
Q86: Who benefits from an import quota on
Q93: Import quotas
A) are the same as tariffs.
B)
Q96: If a government imposes a quota on
Q102: Which of the following are reasons economists
Q103: _ occurs when a foreign firm sells
Q106: An assumption behind the infant-industry argument for
Q107: Tariffs _ a deadweight loss and import
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