Under what circumstances would the declining or dying industry argument for establishing barriers to imports be valid? What measures(s) is/are more efficient than an import tariff if maintaining current production level is the goal of government policy?  (In your answer, justify those measure(s) by comparing with import ta

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter35: International Trade Restrictions
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Under what circumstances would the declining or dying industry argument for establishing barriers to imports be valid?

What measures(s) is/are more efficient than an import tariff if maintaining current production level is the goal of government policy?  (In your answer, justify those measure(s) by comparing with import tariff).

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