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Chako Chako
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8 years ago
The existence of marginal social benefits which are not marginal benefits for the industry producing the import substitutes
A) is an argument rejecting the domestic market failure concept.
B) is an argument rejecting free trade and supporting governmental involvement.
C) is an argument supporting the use of market failures as a trade-policy strategy.
D) is an argument supporting the use of an optimum tariff.
E) is an argument supporting free trade and non-governmental involvement.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Good answer, thank you
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#3
8 years ago
Don't forget to vote my answer as best Nerd Face
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