Consumer groups tend to lobby for

Suppose the refrigerator industry has an HHI of 2,500 while the aluminum industry's HHI is 6,850 . Is this information sufficient to conclude that the aluminum market is more concentrated than market for refrigerators? Explain your answer

What will be an ideal response?

Agriculture, clothing, and textiles are singled out for treatment in the chapter because

A) they tend to be the most highly protected sectors of industrial economies. B) they tend to be the least-protected sectors internationally. C) the policies of high-income nations in these sectors may have harmful effects in low-income countries. D) A and C are both correct. E) B and C are both correct.