=+16. The United States is highly protective of its agricultural (food) industry, imposing import tariffs, and sometimes

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=+16. The United States is highly protective of its agricultural (food) industry, imposing import tariffs, and sometimes quotas, on imports of agricultural goods. This chapter presented three arguments for trade protection. For each argument, discuss whether it is a valid justification for trade protection of U.S. agricultural products.

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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