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Which of the Following Statements Is TRUE

Question 21

Multiple Choice

Which of the following statements is TRUE?


A) Protection will reduce the level of domestic unemployment.
B) Imports should be reduced because the money goes abroad, thereby reducing the domestic standard of living.
C) Computer software manufacturers in some countries may need protection if take- over by the US company Microsoft were to give it a monopoly in other countries.
D) Protection is needed from cheap foreign labour.

Correct Answer:

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