« previous next »

Author Question: Protection provided to the infant industries is rarely withdrawn because: a. the costs of ... (Read 102 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
on: Jun 30, 2018
Protection provided to the infant industries is rarely withdrawn because:
 a. the costs of withdrawing protection outweigh the benefits.
  b. the industries begin to experience diseconomies of scale.
  c. it leads to a loss of government revenue.
  d. the industries produce goods which are close substitutes of the imported goods.
  e. the larger and more successful the industry becomes, the more political power it wields.

Question 2

Alternate Outputs from One Day's Labor Input: United States: 12 bushels of wheat or 3 yards of textiles. Great Britain: 3 bushels of wheat or 12 yards of textiles. From the data above, the United States
 a. has an absolute advantage over Great Britain in the production of textiles.
  b. has an absolute advantage over Great Britain in the production of wheat.
  c. has a comparative advantage in the production of textiles
 d. should export textiles to Great Britain.


asware1

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

vicky

  • Hero Member
  • *****
  • Posts: 586
Reply #2 on: Jun 30, 2018
Correct answers!


asware1

  • Sr. Member
  • ****
  • Posts: 318
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Infant Attention to Stimuli Varying in Complexity Infant Attention to Stimuli Varying in Complexity
Infant monkey is shown with cloth mother from Harlow’s studies. Infant monkey is shown with cloth mother from Harlow’s studies.
Measuring an infant’s length Measuring an infant’s length
Adjustments of the Infant at Birth Adjustments of the Infant at Birth
Sadie is going to see a movie and is taking her four kids. each movie ticket costs $15 and ... Sadie is going to see a movie and is taking her four kids. each movie ticket costs $15 and ...
Mutual Protection Mutual Protection
Video: Negative Feedback Regulation of Blood Pressure

For a complete list of videos, visit our video library