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Ryan37sport Ryan37sport
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6 months ago

Arguments made against free trade include all of the following except



▸

national defense considerations justify producing certain goods domestically whether the country has a comparative advantage in their production or not.



▸

infant industries should be protected from free trade so that they may have time to develop and compete on an even basis with older, more established foreign industries.



▸

dumping is an unfair trade practice that puts domestic producers of substitute goods at a disadvantage that they should be protected against.



▸

free trade is inflationary and should be restricted in the domestic interest.



▸

if foreign governments subsidize their exports, foreign firms that export are given an unfair advantage that domestic producers should be protected against.

Textbook 
Economics

Economics


Edition: 12th
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nieceyniecey
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6 months ago
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Ryan37sport Author
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6 months ago
You make an excellent tutor!
alpheratz
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Yesterday
Thanks
veronee_madison
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2 hours ago
Correct Slight Smile TY
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