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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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9 years ago
Which of the following describes the national security argument for protectionism?
A) Nearly all industries can make some claim to strategic importance so such trade restrictions can get out of hand.
B) Increases in economic surplus outweigh the decreases in consumer surplus that result from protectionism.
C) Some goods should be insulated from foreign competition to ensure an adequate supply of these goods in the event of an international conflict.
D) Private companies (for example, Coca-Cola) should not be forced to reveal their trade secrets to foreign companies.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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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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9 years ago
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overachiever18

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#2
9 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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