Protection of an infant industry should be withdrawn once that industry:
a. charges the same price as foreign competitors.
b. goes public on the stock exchange.
c. raises a large amount of sales revenue.
d. achieves sufficient size to compete with foreign firms.
e. earns enough profit as a result of the subsidies to remain in business.
Question 2
Suppose that the U.S. can make 15 cars or 20 bottles of wine with one year's worth of labor. France can make 10 cars or 18 bottles of wine with one year's worth of labor. From these numbers, we can conclude
a. the U.S. has a comparative advantage in the production of cars.
b. France has a comparative advantage in the production of wine.
c. the U.S. has a absolute advantage in the production of wine.
d. all of the above are conclusions are correct.
A cyanotic infant. Note the bluish tinge to the skin around the lips, chin, and nose
An infant lying in the crib, looking at the mobiles hanging above him.
Types of Respiratory Protection Devices
Real Price of Oil, 1861–2010
Single-serve cups of infant formula
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?