Author Question: A problem encountered when implementing an infant industry tariff is that A) domestic consumers ... (Read 77 times)

leilurhhh

  • Hero Member
  • *****
  • Posts: 560
A problem encountered when implementing an infant industry tariff is that
 
  A) domestic consumers will purchase the foreign good regardless of the tariff.
  B) the industry may never mature.
  C) most industries require tariff protection when they are mature.
  D) the tariff may hurt the industry's domestic sales.
  E) the tariffs fail to protect the domestic producers.

Question 2

If a country's income grows at the rate of 5 percent a year, it doubles in about
 
  A) eight years.
  B) six and one-half years.
  C) ten years.
  D) fourteen and one-half years.
  E) twenty years.



cclemon1

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

cclemon1

  • Sr. Member
  • ****
  • Posts: 312

 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

For a complete list of videos, visit our video library