Which of the following is an argument in favor of interventionist trade policies?
A)Cheaper capital goods.
B)Declining terms of trade.
C)Decreased losses from rent-seeking activities.
D)All of the above.
E)None of the above.

Question

Quizplus · Accepted Answer

Declining terms of trade means a country's exports are getting cheaper in relation to their imports. This could lead to a loss of revenue for the country. Interventionist trade policies can help prevent or mitigate this loss by implementing measures such as tariffs or quotas on imports.

Which of the Following Is an Argument in Favor of Interventionist