Question: Which reason for an import control allows a country to develop a potential comparative cost advantage in a particular good?
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a.a tariff that improves an industry's terms of trade
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b.a short-term tariff that protects an infant industry
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c.a quota that protects jobs in a depressed region
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d.an embargo on goods with negative externalities
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e.none of them
Answer: b
 a tariff that improves an industry's terms of trade b) a short-term tariff that protects an infant industry c) a quota that protects jobs in a depressed region d) an embargo on goods with negative externalities e) none of them Ans. b) a short-term tariff that protects an infant industry
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