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Need help from 11- 15 Someone who believes in the Infant industry argument would be MOST likely to support _____ for a new industry. a.

image text in transcribedNeed help from 11- 15
Someone who believes in the Infant industry argument would be MOST likely to support _____ for a new industry. a. high tariffs b. illegal trade c. an export cartel d. an embargo e. domestic content provisions Three countries, X, Y, and Z are part of a member area where they have eliminated all barriers to trade such as tariffs, quotas, and non-tariff barriers like border restrictions, while at the same time keeping their own external tariffs against nonmembers. Such an area could be described as a(n) _____ a. regional b. spatial c. open trade d. embargo e. free trade when the various regional integration blocs are analyzed from an economic geography perspective, they fall under three general categories - regional blocs close to major world markets, remote regions with large local markets, or _____. a. urban regions with small local markets b. urban regions with large local markets c. urban regions with no local markets d. remote regions with small local markets e. remote regions with no local markets Of the following statements about regional blocs close to major world markets, which is NOT true? a. The ASEAN is intensifying its free trade relations with the huge markets in China. b. India, Japan, and South Korea play an important role in the SAARC. c. Access to markets is essential for economic growth. d. The oil-rich regional economy of the Middle East and North Africa has been growing fast and creating jobs for its population. e. Countries close to major markets have the advantage of connecting to suppliers and ideas. A group of states with convergent social, economic, and monetary policies is called a(n) _____ a. customs union b, economic union c. free trade area d. common market e. political union

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