Under what circumstances would the declining or dying industry argument for establishing barriers to imports be...
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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). 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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