Which of the following are reasons economists consider valid for trade protection?
I. Protection penalizes countries that have weak environmental standards.
II. Protection limits dumping of low- wage jobs into the domestic economy.
III. Protection prevents low- wage jobs in foreign countries from lowering wages in the United States.
A) I, II, and III
B) I and II
C) II and III
D) none of the above
Correct Answer:
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