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    Exam 32: Comparative Advantage and the Open Economy
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    A New Industry Develops, and Our Government Wants to Protect
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A New Industry Develops, and Our Government Wants to Protect

Question 208

Question 208

Multiple Choice

A new industry develops, and our government wants to protect it from foreign competition. Which one of the following arguments would appropriately describe this type of protection?


A) National security
B) Cartelization
C) Infant industry
D) Protecting American jobs

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