Question 0

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
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1985
Question no.
#0
Type
Objective

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