Solved

Import Protections Are Often Imposed Because

Question 157

Multiple Choice

Import protections are often imposed because:


A) import protections increase total surplus,even though some groups are harmed.
B) groups representing import-competing industries are more cohesive than consumers.
C) benefits to producers outweigh the costs to the consumer.
D) the loss in consumer surplus is usually quite small.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q152: A blockade at the border between the

Q153: Taken collectively,people in nations that engage in

Q154: Honduras exports clothing to the United States,and

Q155: Use the following to answer question: <img

Q156: (Table: The Production Possibilities for Cars and

Q158: Use the following to answer question: <img

Q159: If a country imposes a tariff on

Q160: Sri Lanka's comparative advantage over the United

Q161: If a country has the comparative advantage

Q162: Use the following to answer question: <img