Most economists agree that valid reasons for protecting trade include which of the following? I. The economies of scale argument
II) The saving jobs argument
III) The protection of high wages argument

Question

Quizplus · Accepted Answer

Most economists generally do not consider these arguments as valid reasons for protecting trade. The economies of scale argument is typically used to support free trade, not protectionism. The saving jobs and protection of high wages arguments are often seen as short-term and not sustainable in the long run.

Most Economists Agree That Valid Reasons for Protecting Trade Include