A politician argues that the United States should temporarily ban the import of battery-powered electric scooters because this is an "infant industry". According to what we learned in class, which of the following counterarguments would we expect an economist to raise: This temporary ban might become permanent because the electric scooter manufacturers will never become globally competitive. This ban will hurt the wages of manufacturing workers in other countries This ban will increase the price that people in other countries pay for electric scooters This ban will destroy American jobs in the electric-powered-scooter industry

A politician argues that the United States should temporarily ban the import of battery-powered electric scooters because this is an "infant industry". According to what we learned in class, which of the following counterarguments would we expect an economist to raise: This temporary ban might become permanent because the electric scooter manufacturers will never become globally competitive. This ban will hurt the wages of manufacturing workers in other countries This ban will increase the price that people in other countries pay for electric scooters This ban will destroy American jobs in the electric-powered-scooter industry

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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