A Disadvantage of Protection from Import Competition Is the Added

question 69

True/False

A disadvantage of protection from import competition is the added cost of continuing to produce a good domestically that could be supplied more efficiently by an international supplier.

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Definitions:

Term And Connector

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Liable

The state of being legally responsible for something, especially in the context of damages or losses.

Tobacco Manufacturers

Companies engaged in the production and distribution of tobacco products, including cigarettes, cigars, pipe tobacco, and snuff.

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