The potentially valid arguments for tariff protection— protection against dumping, infant industry protection, and military self-sufficiency—are also the most easily abused." a). Which of the following illustrates the potential for abuse of tariff protection? A. There is a tendency for trade barriers to remain in place even after a so-called infant industry becomes established. B. Dumping cases by foreign firms in Canada are frequent but difficult to prove. C. Military self-sufficiency eliminates subsidies for other sectors. D. Protected industries shoulder the burden of tariff protection b). Which of the following are valid arguments for tariff protection? A. Increasing domestic employment B. Ensuring adequate production levels in sectors deemed to be essential in the event of war C. Protection from foreign low-wage labour D. Increasing domestic output growth
The potentially valid arguments for tariff protection— protection against dumping, infant industry protection, and military self-sufficiency—are also the most easily abused." a). Which of the following illustrates the potential for abuse of tariff protection? A. There is a tendency for trade barriers to remain in place even after a so-called infant industry becomes established. B. Dumping cases by foreign firms in Canada are frequent but difficult to prove. C. Military self-sufficiency eliminates subsidies for other sectors. D. Protected industries shoulder the burden of tariff protection
b). Which of the following are valid arguments for tariff protection? A. Increasing domestic employment B. Ensuring adequate production levels in sectors deemed to be essential in the event of war C. Protection from foreign low-wage labour D. Increasing domestic output growth
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