The national defense argument for trade restriction holds that
A) the president should have the authority to erect trade barriers in case of war or national emergency.
B) free trade is a danger to the national defense because open borders increase the likelihood that spies will get into the country.
C) a country should produce those goods necessary for national defense purposes even if it doesn't have a comparative advantage in them.
D) if your enemy erects trade restrictions,so should you.
Correct Answer:
Verified
Q24: "Dumping" refers to
A) the sale of goods
Q25: The ability to produce a good at
Q26: Q27: Q28: Q30: Producers' surplus is the difference between the Q31: Raquel,who earns $900 a week,bought a television Q32: "New industries need to be protected or Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents