Economics · International Trade
A sudden structural shift from protective import tariffs to free trade is most likely to induce short-term unemployment in:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Industries that neither engage in importing nor exporting
- 2Industries selling to both domestic and international markets
- 3Industries focused purely on exporting
- 4Import-competing industries✓
Correct answer
Import-competing industries
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