One reason economists oppose trade restrictions is that:
A) it is difficult to limit trade restrictions to instances when their use is justified.
B) they are an ineffective way to raise tax revenue.
C) they protect national security, particularly in wartime.
D) no nation can benefit from trade restrictions.
Correct Answer:
Verified
Q56: Voluntary restraint agreements:
A) are prohibited by NAFTA.
B)
Q57: Which of the following is not an
Q58: In general, why are trade sanctions implemented?
A)
Q59: Countries restrict international trade for all of
Q60: Regulatory trade restrictions:
A) are always justified.
B) are
Q62: Economists believe free trade areas such as
Q63: If the United States were to impose
Q64: A group of countries that allows free
Q65: Economists generally agree that:
A) trade restrictions will
Q66: Most economists:
A) oppose free trade.
B) favor free
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents