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.
Correct Answer:

Verified
Correct Answer:
Verified
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