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Author Question: The level playing field argument is primarily used to justify government policies that ________. ... (Read 30 times)

stevenposner

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The level playing field argument is primarily used to justify government policies that ________.
 
  A) reduce import tariffs
  B) restrict foreign competition
  C) establish regional trade blocs
  D) manipulate foreign exchange

Question 2

The determination of which industries deserve infant industry protection is often done ________.
 
  A) on a political basis
  B) on an economic basis
  C) by happenstance
  D) on an environmental basis

Question 3

What did Adam Smith believe about the ultimate effects of mercantilist policies on the health of a country's economic situation?
 
  A) Mercantilist policies strengthen an economy by protecting against competition.
  B) Mercantilist policies result in strong rates of unemployment.
  C) Mercantilist policies reduce the wealth of a country as a whole.
  D) Mercantilist policies harm special interest groups.


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amanda_14

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stevenposner

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Reply 2 on: Jul 7, 2018
Excellent


adammoses97

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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