Which of the following issues raises a question about the ethics of protectionism?
A)Competitive advantage grows out of continuous improvement.
B)Tariffs have declined from an average of 40 percent to less than 5 percent.
C)Small firms succeed in foreign niche markets.
D)Regional trade agreements provide preferential treatment for member nations.

Question

Quizplus · Accepted Answer

Regional trade agreements providing preferential treatment for member nations can be considered unethical because it creates an unfair advantage for certain countries and restricts competition. This goes against the principles of free trade and can harm less advantaged countries economically.

Which of the Following Issues Raises a Question About the Ethics