Continued Tariff Protection for Industries That Have Already Attained All

question 28

Multiple Choice

Continued tariff protection for industries that have already attained all potential economies of scale and opportunities for learning by doing is likely to

• A)reduce employment in the protected industries.
• B)reduce the stream of tariff revenue to the government.
• C)redistribute income in favour of the factors used in the protected industries.
• D)decrease prices to consumers of the products produced in the protected industries.
• E)result in increased demand for imports.

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Definitions:

Sexually Transmitted Infections

Infections commonly spread by sexual contact, encompassing a variety of bacterial, viral, and parasitic diseases.

Birth Control

Methods, devices, or medications used to prevent pregnancy as part of family planning or reproductive health.

Purpura

A condition characterized by purple spots or patches on the skin or mucous membranes, caused by small blood vessel bleeding.

Unusual Vaginal Discharge

A discharge from the vagina that is not typical, possibly indicating an infection or other medical issue.