This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Economists believe the most persuasive argument for protectionism is to protect infant industries. ... (Read 89 times)

theo

  • Hero Member
  • *****
  • Posts: 698
on: Oct 7, 2019

Economists believe the most persuasive argument for protectionism is to protect infant industries. But the argument has a drawback. What is this drawback?


◦

Governments usually use tariffs, rather than quotas, to protect infant industries in order to collect tariff revenue. (Quotas do not result in government revenue).


◦

Governments always make the level of protection for infant industries too high.


◦

Protection lessens the need for firms to become productive enough to compete with foreign firms; this often results in infant industries never "growing up."


◦

Governments are usually too impatient and do not allow protection to remain in place long enough to allow industries to be competitive in international markets.

InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by theo on Oct 7, 2019

kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Oct 7, 2019
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.
Answer Preview
Only 42% of students answer this correctly


theo

  • Member
  • Posts: 698
Reply 2 on: Oct 7, 2019
Gracias!

miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

The Dedireyeh infant burial from Syria. The Dedireyeh infant burial from Syria.
This father is serving as a secure base for his infant. This father is serving as a secure base for his infant.
Measuring the Weight and Length of an Infant Measuring the Weight and Length of an Infant
Adult, Child, and Infant CPR Standards Adult, Child, and Infant CPR Standards
Adjustments of the Infant at Birth Adjustments of the Infant at Birth
Video: Type of Transport - Active and Passive Processes

For a complete list of videos, visit our video library