Multiple Choice
A U.S. trade policy that restricts the sale of foreign goods in the U.S. market will
A) reduce the demand for U.S. export goods since foreigners will be less able to buy our goods if they cannot sell to us.
B) benefit producers in industries that export goods.
C) increase the nation's income since it protects domestic jobs.
D) enhance economic efficiency by allocating more resources to the areas of their greatest comparative advantage.
Correct Answer:
Verified
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