Which of the following is an issue with "infant industry" tariffs? a. Mature industries often require tariff protection. b.Stock holders will capture the protective effect in lower profits. c.As the industry matures, special-interest groups may fight to keep the tariff. d.Foreign consumers will purchase the foreign good regardless of the size of the tariff.
Which of the following is an issue with "infant industry" tariffs? a. Mature industries often require tariff protection. b.Stock holders will capture the protective effect in lower profits. c.As the industry matures, special-interest groups may fight to keep the tariff. d.Foreign consumers will purchase the foreign good regardless of the size of the tariff.
Chapter18: International Trade And Finance
Section: Chapter Questions
Problem 18SQ
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Which of the following is an issue with "infant industry" tariffs?
a. Mature industries often require tariff protection.
b.Stock holders will capture the protective effect in lower profits.
c.As the industry matures, special-interest groups may fight to keep the tariff.
d.Foreign consumers will purchase the foreign good regardless of the size of the tariff.
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