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Author Question: In what sense is tariff escalation protectionist? What alternatives exist for remedying this ... (Read 61 times)

Shelles

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on: Jun 30, 2018
In what sense is tariff escalation protectionist? What alternatives exist for remedying this problem?
 
  What will be an ideal response?

Question 2

The most significant international undertaking to prevent worsening of global warming is the
 
  a. Montreal Protocol
  b. Rio Declaration
  c. Agenda 21
  d. Kyoto Protocol
  e. None of the above


joshbk44

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

Tariff escalation is protectionist in that developed countries impose higher tariffs on products most often produced by developing countries. This could be offset by preferences accorded to developing-country trade, but the more efficient approach would be to reduce those higher tariffs.

Answer to Question 2

D


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