Author Question: Why is it impossible that all industries in a developing country qualify as infant industries? ... (Read 167 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
Why is it impossible that all industries in a developing country qualify as infant industries?
 
  (a) You cannot have a comparative advantage in everything.
  (b) You cannot have an absolute advantage in everything.
  (c) This would violate international law.
  (d) This would reduce the terms of trade.

Question 2

The neoclassical counter-revolution school supports
 
  a. trade restrictions.
  b. state-owned enterprises.
  c. eliminating government regulations.
  d. limitations on foreign investors.



joanwhite

  • Sr. Member
  • ****
  • Posts: 308
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

For a complete list of videos, visit our video library