A common argument for the use of tariffs when the objective is to maximize a country's national income would be to
A) subject infant industries to the discipline of the market.
B) improve the country's terms of trade.
C) increase the prices of domestic exports.
D) prevent learning- by- doing by potential trade partners.
E) enjoy the advantages of diversification.
Correct Answer:
Verified
Q53: Which of the following methods of import
Q54: Mercosur is
A)the location of the WTO headquarters.
B)the
Q55: If Canada reduces the tariff imposed on
Q56: The diagram below shows supply and demand
Q57: A $1 per- litre tariff on all
Q59: The effect of imposing a tariff on
Q60: The diagram below shows the demand and
Q61: An agreement among a group of countries
Q62: Which of the following policy objectives can
Q63: The diagram below shows the domestic demand
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