Economics:
10th Edition
ISBN: 9781285859460
Author: BOYES, William
Publisher: Cengage Learning
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Question
Chapter 35, Problem 2E
To determine
(a)
The commercial policy to save domestic jobs.
To determine
(b)
The commercial policy to create a level playing field.
To determine
(c)
The commercial policy to increase government revenue.
To determine
(d)
The commercial policy to provide a strong national defense.
To determine
(e)
The commercial policy to protect an infant industry.
To determine
(f)
The commercial policy to stimulate export of an industry with increasing returns to scale.
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What is meant by Autarky in International Trade?
Defensive trade policy aimed at eliminating all competition
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