The argument that protection
A) penalises poor environmental standards is always true.
B) saves jobs is flawed.
C) allows us to compete with cheap foreign wages is true.
D) is necessary for infant industries is true.

Question

Quizplus · Accepted Answer

Protectionism, such as tariffs and trade barriers, may temporarily save jobs in certain industries, but it often leads to higher prices for consumers and can result in job losses in other sectors due to retaliatory measures and inefficiencies.

The Argument That Protection