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Which of the following are reasons given in support of trade barriers? Choose one or more:...

Which of the following are reasons given in support of trade barriers? Choose one or more: A. stabilizing the interest rate B. protecting infant industries C. regulating natural monopolies D. preserving national security E. fighting against dumping of goods by foreign suppliers F. lowering prices for U.S. consumers

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Answer #1

a) Protecting infant industries, preserving the national security and fighting against the dumping of the goods by the foreign suppliers are few reasons why a nation applies the tariff in the market.

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