Which of the following is not an argument against protective tariffs?
A) Restricting international trade robs us of part of its benefits.
B) Free admission of imports is one of the most effective ways of expanding the foreign markets of home industries.
C) When one country institutes tariffs, it is likely that other countries will follow.
D) A tariff that keeps out foreign goods increases the market for U.S. goods.
Correct Answer:
Verified
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