Q
The national security argument for protection is more likely to be valid when ?
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A
A. The purpose is to maintain protection for an indefinite time period
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B
B. The industry is characterized by increasing returns to scale
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C
C. The economy operates during a recession
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D
D. The protected industry provides invaluable goods during periods of war
Correct Answer:
D. D. The protected industry provides invaluable goods during periods of war
