Which of the following arguments for trade protection is based on the premise that a nation should have a wide enough range of domestic industries to be self-sufficient if necessary?
A) The increased domestic employment argument.
B) The cheap foreign labor argument.
C) The diversification-for-stability argument.
D) The infant industry argument.
Correct Answer:
Verified
Q78: Answer the question on the basis
Q81: Which of the following arguments contends that
Q81: In effect, tariffs on imports are
A) special
Q85: How many European nations belong to the
Q86: Which of the following arguments for trade
Q93: Other things equal, economists would prefer
A) free
Q138: "NAFTA" stands for
A) North African Free Trade
Q176: The increased-domestic-employment argument for tariff protection holds
Q178: As it relates to international trade, dumping
A)is
Q179: Which of the following statements is false?
A)Studies
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