Which of the following is not an argument in favor of restricting trade?
A) to preserve national security
B) to prevent dumping
C) to increase consumer surplus
D) to protect infant industries
E) to protect declining industries
Correct Answer:
Verified
Q129: A major U.S.motive for negotiating a free-trade
Q130: The General Agreement on Tariffs and Trade
Q131: According to some economists, the protection granted
Q132: Dumping is the practice of
A)selling a lower
Q133: Which of the following is not a
Q135: The World Trade Organization (WTO)
A)members are required
Q136: The largest regional trading bloc is the
A)North
Q137: Dumping refers to selling a commodity abroad
Q138: The GATT's most-favored nation clause means that
Q139: A major U.S.motive for negotiating a free-trade
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