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Author Question: Which of the following statements would be supported by most economists? (Read 23 times)

nenivikky

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on: May 25, 2020
Which of the following statements would be supported by most economists?
◦ Some new industries should receive protection from foreign competition because new industries need time to develop a comparative advantage.
◦ Trade protection may be necessary when a country's currency is overvalued and therefore buys more foreign currency than it should.
◦ Domestic industries need to be protected from foreign competition because wages in many countries from which this country imports are considerably lower than in this country.
◦ A good argument for protection against foreign competition is that it costs workers their jobs.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by nenivikky on May 25, 2020

Athena23

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Reply #1 on: May 25, 2020
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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nenivikky

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

Animal_Goddess

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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