« previous next »

Author Question: An assumption behind the infant-industry argument for tariff protection is that A) foreign ... (Read 300 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
on: Jun 29, 2018
An assumption behind the infant-industry argument for tariff protection is that
 
  A) foreign competitors are selling output below average cost.
  B) the domestic industry will be facing an upward adjustment in its average cost.
  C) the domestic industry will eventually gain a comparative advantage in producing the good.
  D) the market needs additional competition to satisfy consumer demand.

Question 2

A negative balance in the capital and financial account means the economy is
 
  A) lending to the rest of the world.
  B) running a capital account surplus.
  C) borrowing from the rest of the world.
  D) importing more than it is exporting.


lucas dlamini

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Measurement lenght of infant Measurement lenght of infant
Infant Swaddling Infant Swaddling
Sitting up allows an infant to reach and grasp with one hand, but the process by which reaching ... Sitting up allows an infant to reach and grasp with one hand, but the process by which reaching ...
Perform Infant Rescue Breathing Perform Infant Rescue Breathing
The karyotype and phenotypic description of an infant with Patau syndrome The karyotype and phenotypic description of an infant with Patau syndrome
Video: Complement Proteins Animation

For a complete list of videos, visit our video library