Solved

Continued Tariff Protection for Industries That Have Already Attained All

Question 2

Multiple Choice

Continued tariff protection for industries that have already attained all the possible economies of scale will likely


A) redistribute income away from the factors used in the protected industries.
B) increase prices to consumers of the products produced in the protected industries.
C) reduce employment in the protected industries.
D) reduce the stream of tariff revenue to the government.
E) result in lower domestic prices for the products they produce.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents