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A Possible Explanation That a Nation Might Offer for the Imposition

Question 167

Multiple Choice

A possible explanation that a nation might offer for the imposition of a protectionist policy such as a tariff is to


A) protect an infant industry from foreign competitors.
B) encourage specialization in the good in which the nation has a comparative advantage.
C) slow domestic production.
D) increase the level of imports.
E) give consumers more foreign-made options.

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