Comparative advantage on production goods

Assignment Help International Economics

Reference no: EM1375242

Evaluate the following statements:
[A] The extensive application of protective tariffs destroys ability of international market system to allocate resources efficiently.
[B] Foreign companies that "dump" their products onto the United States market are in effect providing bargains to the country's citizens.

Reference no: EM1375242

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Comparative advantage on production goods : The extensive application of protective tariffs destroys ability of international market system to allocate resources efficiently.

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