Related to the Economics in Practice on page 679: If the candle makers in the petition were able to gain protection for their industry, the French economy would most likely
A) benefit in the short run.
B) become more efficient.
C) benefit only if the protection was in the form of a tariff.
D) have to pay higher prices for candles.
Correct Answer:
Verified
Q51: A tariff is a tax on imports.
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Q265: Refer to the information provided in Figure
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