The idea that tariffs should be imposed to protect new and developing industries is referred to as
A) the start-up argument.
B) the infant industry argument.
C) the incubator business theory.
D) the new markets theory.
Answer: B
Economics
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If there is no Ricardo-Barro effect, a government budget surplus ________ the total supply of loanable funds and ________ the real interest rate
A) does not change; does not change B) increases; raises C) increases; lowers D) decreases; lowers E) decreases; raises
Economics
How do quasi-public goods differ from pure public goods? Give examples of both types. Explain the rationale as to why quasi-public goods are often provided by government rather than private businesses
Please provide the best answer for the statement.
Economics