Author Question: The simple model of competition among political parties long used by political scientists tends to ... (Read 65 times)

NClaborn · **on:** Jun 30, 2018

The simple model of competition among political parties long used by political scientists tends to lead to the practical solution of selecting the

A) optimal tariff.
B) prohibitive tariff.
C) zero (free-trade) tariff.
D) the tariff rate favored by the median voter.
E) the tariff rate supported by exporters.

Question 2

Explain why Argentina, one of the world's richest countries at the start of the twentieth century, has become progressively poorer relative to the industrial countries.

An alternative question: What explains Argentina's regress from riches to rags?

meltdown117 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

D

Answer to Question 2

As usual, the answer is complex, but the country's inward orientation and macroeconomic instability appear to be the major culprits.