Which of the following might be considered a cost to protecting domestic jobs in the steel producing industry by blocking steel imports? O Less consumer surplus for those who use products made of domestic steel Fewer jobs in industries that use steel O Higher prices of steel for domestic industries that use steel All of these might be considered costs

Which of the following might be considered a cost to protecting domestic jobs in the steel producing industry by blocking steel imports? O Less consumer surplus for those who use products made of domestic steel Fewer jobs in industries that use steel O Higher prices of steel for domestic industries that use steel All of these might be considered costs

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter35: International Trade Restrictions

Section: Chapter Questions

Problem 3E

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