Which of the following might be used to justify increased trade restrictions?
A) Industry XYZ can compete with foreign firms even though it pays its workers a much higher wage because labor at XYZ is highly productive.
B) It is not vital to national security that Industry ABC is protected.
C) The New Industry should be protected until it matures.
D) All of the above are used as justifications to increase trade restrictions.
Correct Answer:
Verified
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