Which of the following is not a valid economic argument for protectionism? A. infant industry argument B.exports are good comma imports are bad exports are good, imports are bad C.to improve terms of trade to improve terms of trade D. protection of specific groups E. promoting diversification
Which of the following is not a valid economic argument for protectionism? A. infant industry argument B.exports are good comma imports are bad exports are good, imports are bad C.to improve terms of trade to improve terms of trade D. protection of specific groups E. promoting diversification
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter18: Trading With Other Nations
Section: Chapter Questions
Problem 7AA
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Which of the following is not a valid economic argument for protectionism? A. infant industry argument B.exports are good comma imports are bad exports are good, imports are bad C.to improve terms of trade to improve terms of trade D. protection of specific groups E. promoting diversification
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