The argument that import restrictions save jobs and promote prosperity fails to recognize that
A) there are no secondary effects of import restrictions.
B) import restrictions will lower prices in the protected industries.
C) import restrictions cannot create jobs in any industries.
D) U.S. imports provide people in other countries with the purchasing power required for the purchase of U.S. exports.

Question

Quizplus · Accepted Answer

Import restrictions can lead to retaliatory measures and reduce foreign purchasing power, which can decrease demand for U.S. exports, potentially harming U.S. industries and jobs.

The Argument That Import Restrictions Save Jobs and Promote Prosperity