Which of the following statements is NOT true regarding trade policy?
A) The U.S. trade deficit is at an all-time low because of free-trade policies.
B) Current U.S. trade policy leans more toward free trade than protectionism.
C) Labor supports protectionist trade policies.
D) Alexander Hamilton was a strong proponent of protectionist trade policies.
E) The WTO supports free-trade policies.
Correct Answer:
Verified
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