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Tidy Tidy
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Posts: 4852
8 years ago
All but one of the following statements is used to justify protectionism. Which statement is not used to justify protectionism?
A) Free trade leads to higher prices for imported goods.
B) Free trade reduces employment by driving domestic firms out of business.
C) A country should not rely on other countries for goods that are critical to its national defense.
D) Trade restrictions are necessary to protect new firms until they can gain experience and become more productive.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 384 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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Posts: 3807
8 years ago
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Tidy Author
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8 years ago
You make an excellent tutor!
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Yesterday
Thanks
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2 hours ago
Thank you, thank you, thank you!
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