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Author Question: Continued tariff protection for industries that have already attained all the possible economies of ... (Read 82 times)

rissygurl1124

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on: Oct 12, 2022

Question 1

Suppose Canada entered into a free-trade arrangement with China and, as a result, Canadian imports from India were replaced with imports from China. This would be an example of
◦ trade expansion.
◦ trade diversion.
◦ dumping.
◦ trade creation.
◦ countervailing trade.

Question 2

Continued tariff protection for industries that have already attained all the possible economies of scale will likely
◦ maintain high prices to consumers of the products produced in the protected industries.
◦ redistribute income away from the factors used in the protected industries.
◦ reduce the stream of tariff revenue to the government.
◦ reduce employment in the protected industries.
◦ result in lower domestic prices for the products they produce.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by rissygurl1124 on Oct 12, 2022

jojomac20

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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rissygurl1124

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

Liamb2179

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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