Which of the following is NOT a claim policymakers often use to justify imposing a tariff?
A) protection is necessary in order for young industries to grow up and be successful
B) the threat of a trade restriction will encourage other countries to remove existing trade restrictions
C) protection is sometimes necessary because many countries protect their industries
D) trade restrictions will cause wages in certain domestic industries to rise
Correct Answer:
Verified
Q124: A tariff is a:
A)tax imposed on imported
Q125: Graph 9-9 Q126: A tariff: Q127: The infant industry argument: Q128: Graph 9-9 Q130: Graph 9-9 Q131: When resources devoted to lobbying are included Q132: Graph 9-9 Q133: Jess usually buys a muffin before work Q134: Graph 9-9 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
A)lowers the price of the exported
A)is based on the