Which of the following is NOT a way in which the safeguard policy is better than antidumping policies?
A)Firms and governments do not need to show that foreign exporters have done anything unfair.
B)There is pressure for import-competing firms to adjust their production in order to be more competitive with foreign exporters.
C)The interests of consumers can be disregarded since they do not play a role in determining whether to invoke a safeguard policy.
D)The protection provided to the import competing sector is explicitly temporary.

Question

Quizplus · Accepted Answer

The statement "The interests of consumers can be disregarded since they do not play a role in determining whether to invoke a safeguard policy" is a disadvantage of the safeguard policy compared to antidumping policies. The other three statements are advantages of the safeguard policy over antidumping policies.

Which of the Following Is NOT a Way in Which