« previous next »

Author Question: Protection provided to the infant industries is rarely withdrawn because: a. the costs of ... (Read 77 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Protection provided to the infant industries is rarely withdrawn because: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?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Madonna and Child with St. Anne and Infant St. John the Baptist. Madonna and Child with St. Anne and Infant St. John the Baptist.
Infant: 4 weeks to 1 year. Infant: 4 weeks to 1 year.
Measuring the Weight and Length of an Infant Measuring the Weight and Length of an Infant
Types of Respiratory Protection Devices Types of Respiratory Protection Devices
How to calculate fuel costs How to calculate fuel costs
Video: hGH (protein synthesis, growth and development)

For a complete list of videos, visit our video library