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Author Question: It is a valid argument that industries need to be protected from foreign competition because foreign ... (Read 657 times)

c0205847

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Question 1

Related to the 
Economics in Practice on p. 669: Protectionism of the kind that is suggested in the petition of the candle makers would most likely result in


◦ more efficient production.
◦ lower prices.
◦ lower production cost.
◦ lower consumption.

Question 2

It is a valid argument that industries need to be protected from foreign competition because foreign wages are substantially lower than wages paid to U.S. workers.


◦ true
◦ false


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Marked as best answer by c0205847 on Apr 19, 2019

bitingbit

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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