What do Baack and Ray (1983) find in their survey of U.S. tariff histo
What do Baack and Ray (1983) find in their survey of U.S. tariff history?
(a) Tariff rates in the U.S. were low.
(b) Tariff cuts were associated with the fast-growing industries.
(c) The highest tariff rates in the U.S. were associated with the fastest growing industries.
(d) The U.S. was a world leader in free trade policy.
ANSWER
(b)
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