Which of the following arguments do less developed nations make about why the in

Question

Which of the following arguments do less developed nations make about why the industrialized nations' tariff structures discourage the less developed nations from undergoing industrialization? Check all that apply. Industrialized nations' high tariffs on primary commodities encourage developing nations to expand operations in these sectors. Industrialized nations' low tariffs on primary commodities encourage developing nations to expand operations in these sectors The high protective rates levied on manufactured goods create entry barriers for developing nations wishing to compete in this area The low protective rates levied on manufactured goods create entry barriers for developing nations wishing to compete in this area.

Explanation / Answer

Ans:

Following will apply

Industrialized nations low tariffs on primary commodities encourage developing nations to expand operations in these sectors.

The high protective rates levied on manufactured goods create entry barriers for developing nations wishing to compete in this area.

Explanation

Developing nations argue that industrialized nations allow raw materials to be imported at low rates while maintaining high protective rates on manufactured goods thereby creating entry barriers and discourage developing nations who wish to compete in this area.

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