Which of the following is not a reason to restrict trade?
A) To increase consumer welfare
B) To promote certain key industries
C) To prevent predatory behavior on the part of foreign firms
D) To retaliate against another country
E) To give a new industry time to grow and become competitive
Correct Answer:
Verified
Q195: A danger with the infant industry argument
Q196: Which of the following do Japanese rice
Q197: Which of the following statements about nontariff
Q198: Transfer payments to workers who lose jobs
Q199: The Food and Drug Administration's decision prohibiting
Q201: With multilateral negotiations,
A)a country reduces its trade
Q202: Trade restrictions imposed on a country with
Q203: If a country unilaterally removes all trade
Q204: Which of the following is true?
A)Trade restrictions
Q205: With the implementation of the Uruguay Round,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents