Multiple Choice
If Scotland is better than Ireland at producing whisky, but Ireland is better than Scotland at producing beer, what should happen?
A) Ireland should sell beer to Scotland and should buy Scottish whisky.
B) Ireland should impose a tariff on Scottish whisky in order to protect jobs in the Irish beer industry.
C) Ireland should subsidize its whisky industry so that it can compete with Scottish whisky.
D) Ireland should put a quota on the amount of Scottish whisky imported.
Correct Answer:

Verified
Correct Answer:
Verified
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