Costs of Trade Barriers

Costs of Trade Barriers - 4. infant industries 5. infant...

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Costs of Trade Barriers industry consumer losses per job saved orange juice $240,000 textiles 42,000 color TV's 420,000 automobiles 105,000 specialty steel 1,000,000 sugar 60,000 Arguments for Protection 1. optimal tariff 2. spillover effects 3. creation of domestic jobs
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Unformatted text preview: 4. infant industries 5. infant government 6. national pride 7. income redistribution 8. national defense 9. balancing the balance of trade 10. creation of a "level playing field" 11. strategic trade policy...
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Costs of Trade Barriers - 4. infant industries 5. infant...

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