Innovation and incentives to come up with new products and production methods are stifled in larger markets

Indicate whether the statement is true or false

FALSE

Economics

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The argument that developing countries should nurture their domestic industries by protecting them from foreign competition is known as

A) preservation of the home market. B) the escape clause hypothesis. C) the earth destruction hypothesis. D) institutional fair trade policy.

Economics

Why did observers at first believe that the damage from the impending subprime mortgage crisis would be too small to cause a recession?

Economics