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 argue that none of these reasons are valid for protecting trade. They often believe that protectionism can lead to inefficiencies and that free trade typically results in better economic outcomes.

Most Economists Agree That Valid Reasons for Protecting Trade Include