The argument of tariff protection in less developed economies is that such a measure would
a
raise the price of goods affected abroad
b
make consumers pay a higher price for the domestically produced output
c
protect young industries from ruinous competition from abroad
d
help reduced excess capacity in domestic industries
e
stifle private investment intiatives
Explanation
Correct Option
cNo explanation available
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adeagbo419
4 years ago
The correct answer is a
Because the question implies the disadvantage of imposing tariff
