Related to the Economics in Practice on page 673: If the candle makers in the petition were able to gain protection for their industry, the French economy would most likely

Question

Quizplus · Accepted Answer

Protection for the candle makers, such as tariffs or quotas, would likely lead to higher prices for candles. This is because domestic producers would face less competition from foreign candle makers, allowing them to charge higher prices.

Related to the Economics in Practice on Page 673: If