Multiple Choice
Identify at least two risks that have been associated with government nurturing young industries
A) Such protection can discourage domestic industry from increasing competition and engaging in innovation
B) there is a question as to whether consumers are better or worse off from such practices as it comes at the expense of blocking access to cheaper foreign goods or services
C) a & b
D) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q1: What are cabinet members?<br>A)The upper house of
Q2: _ is a type of tax that
Q3: Restrictive taxes or regulatory taxes are:<br>A)Primarily aimed
Q4: What are the potential risks of deregulation?<br>A)Governmental
Q5: Perfect Competition is<br>A)A mixed market economy that
Q7: Identify the two major criticisms of subsidies<br>A)Businesses
Q8: The government is a guardian of society
Q9: "Corporate Welfare should not be a public
Q10: Businesses should be free to make and
Q11: Government involvement is necessary due to this