Problem
1. Under what circumstances might US protectionist policies be intended to discourage foreign research and development efforts?
2. Why can external economies from an industry's growth justify support for protection? Is this an argument for permanent or temporary protection?
3. How can subsidizing exports and accepting a decline in a country's terms of trade make a country better off?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.