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The Argument That Foreign Trade Should Be Restricted to Protect

Question 90

Multiple Choice

The argument that foreign trade should be restricted to protect domestic employment and output is based on the fact that:


A) foreign buyers are more costly to serve than domestic buyers.
B) foreign firms compete with domestic firms in domestic markets.
C) domestic producers do not depend on foreign suppliers for critical factors of production.
D) the most important influence on domestic employment and output is government trade restrictions.

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