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merrisara merrisara
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A year ago

The national defense argument for trade restriction holds that



the president should have the authority to erect trade barriers in case of war or national emergency.



free trade is a danger to the national defense because open borders increase the likelihood that spies will get into the country.



a country should produce those goods necessary for national defense purposes even if it doesn't have a comparative advantage in them.



if your enemy erects trade restrictions, so should you.

Textbook 
Economics

Economics


Edition: 12th
Author:
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jordankites45jordankites45
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A year ago
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