Some economists suggest the optimal way for a nation to protect its access to a strategic mineral is with
A) an infant industry tariff.
B) a high rate of effective protection to keep local mines in business.
C) a quota on imports of the mineral.
D) a low nominal rate of protection.
E) a stockpile.
Correct Answer:
Verified
Q29: Dumping occurs when a firm
A)sells too much
Q30: Economic sanctions
A)usually work to create policy change
Q31: Television programming might be targeted for protection
Q36: Historically,one of the most common reasons for
Q38: A countervailing duty is a tariff that
Q48: If a large percentage of economic activity
Q49: "Cheap foreign wages" is a poor argument
Q53: Critique the infant industry or the labor
Q56: It seems likely that economic sanctions ultimately
Q57: Because low tariffs have a high ratio
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