WAEC Economics 2012 Objective — Question 48
Question 48 of 49 from the West African Examinations Council (WAEC) Economics 2012 Objective paper, with the correct answer and a full explanation.
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One of the reasons why government may erect a trade barrier is to
- A. control foreign currencies
- B. protect infant industriesCorrect
- C. promote importation
- D. increase diversity of the economy
Explanation
One of the reasons why government may erect a trade barrier is to (b) protect infant industries.
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