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    Exam 32: Comparative Advantage and the Open Economy
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    The Idea That Tariffs Should Be Imposed to Protect New
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The Idea That Tariffs Should Be Imposed to Protect New

Question 177

Question 177

Multiple Choice

The idea that tariffs should be imposed to protect new and developing industries is referred to as


A) the start-up argument.
B) the infant industry argument.
C) the incubator business theory.
D) the new markets theory.

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