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Author Question: Why is it impossible that all industries in a developing country qualify as infant industries? ... (Read 168 times)

DelorasTo

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on: Jun 30, 2018
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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


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