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vellojo vellojo
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7 years ago
Currently Belize, a country in Central America, has a small coffee industry but does not export any coffee.  Suppose the government of Belize, in order to protect the new coffee industry to enable it to grow into a mature industry that can compete in world markets, places a tariff on the importation of coffee.  What is the argument for placing the tariff on coffee?
A) To protect Belize coffee workers
B) The dumping argument
C) The infant-industry argument
D) To prevent rich countries from exploiting developing countries
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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ukraniaukrania
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7 years ago
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vellojo Author
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7 years ago
Everyone I encourage you to thumbs up the answer!

got it right
Studying economics @ Edinburgh U
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7 years ago
Happy to help Slight Smile
Dream it. Person Raising Both Hands in Celebration
Wish it. Person Raising Both Hands in Celebration
Do it. Person Raising Both Hands in Celebration
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4 years ago
thank you
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4 years ago
thank you
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3 years ago
thanks! this helped a lot!
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3 years ago
thank you
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3 years ago
thank you
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