A Rationale Used for Tariff Protection by Some Is That

question 124

Multiple Choice

A rationale used for tariff protection by some is that

• A) the country wants to practice international price discrimination.
• B) the country finds its cost of producing their products higher than in other countries.
• C) imports are produced by firms that received subsidies from their governments.
• D) imports are produced by firms that are more efficient than domestic producers are.

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Definitions:

Clusters

Groups or collections of similar items, events, or individuals, closely positioned together or forming a pattern based on certain criteria.

Logistic Regression

A statistical analysis method used for predicting the outcome of a categorical dependent variable based on one or more predictor variables.

Meta-Analysis

A statistical technique that combines the results of multiple scientific studies to arrive at a comprehensive conclusion.

Data Analysis

The process of inspecting, cleaning, transforming, and modeling data to discover useful information, inform conclusions, and support decision-making.