Solved

The French Highly Value Domestic Production of Traditional French Cheese

Question 45

Multiple Choice

The French highly value domestic production of traditional French cheese made by high-cost, traditional production methods. According to the specificity rule, the most efficient policy tool to protect this traditional industry would be:


A) to provide a production subsidy to the domestic firms.
B) to impose an import tariff on cheeses produced in other countries.
C) to impose an import ban on cheeses produced in other countries.
D) to eliminate all barriers on cheese imports since no protectionist policy would be efficient.

Correct Answer:

verifed

Verified

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

Related Questions