The argument of tariff protection in less developed econo...
The argument of tariff protection in less developed economies is that such a measure would
Raise the price of goods affected abroad
Make consumers pay a higher price for the domestically produced output
Protect young industries from ruinous competition from abroad
Help reduced excess capacity in domestic industries
Stifle private investment intiatives
Correct answer is C
No explanation has been provided for this answer.
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