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Which of the following is NOT a problem with protection?

Gideon123

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3 years ago

Which of the following is NOT a problem with protection?

Which of the following is NOT a problem with protection?

▸ It may be an inferior solution to problems of free trade.

▸ It reduces the amount supplied by domestic producers.

▸ It risks retaliation from other countries.

▸ It leads to smaller world output.

Textbook

Essential Economics for Business

Essential Economics for Business

Edition: 5^th

Authors: Sloman, Jones

Read 36 times

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jeromet1

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Gideon123 Author

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Helped a lot

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