Which of the following are valid reasons advanced by almost all economists? Protection
A)saves jobs.
B)prevents rich countries from exploiting developing countries.
C)is a good way for governments in developed nations to raise revenue.
D)penalizes lax environmental standards.
E)Economists would not support any of the above reasons.

Question

Quizplus · Accepted Answer

Economists generally do not support protectionism as it distorts market forces, reduces efficiency, and can lead to retaliation and trade wars. The reasons listed in options A, B, C, and D for supporting protectionism are often disputed by economists.

Which of the Following Are Valid Reasons Advanced by Almost