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Arguments Against International Trade
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Arguments Against International Trade
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9. International Trade / Arguments Against International Trade / Problem 4
Problem 4
What is a potential consequence of government intervention in protecting infant industries?
A
It ensures rapid growth and success for all protected industries.
B
It guarantees increased consumer choice and lower prices.
C
It may lead to market distortions and inefficiencies.
D
It eliminates the need for industries to compete globally.
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