A less costly alternative to protection of national defense industries would be a production subsidy.
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Q21: While tariff levels have been falling over
Q22: The argument that developing countries with lax
Q23: In the case of national defense protection,_
Q24: Tariffs and quotas are essentially identical in
Q25: Strategic trade policy considerations imply that free
Q27: _ countries tend to depend on tariffs
Q28: Higher protection raises the overall level of
Q29: The most commonly expressed arguments for protection
Q30: Quotas redistribute income from consumers to domestic
Q31: Quotas that entirely eliminate trade in a
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