Which of the following reasons explains why rich countries persistently restrict textile imports from poor countries?
A) The trade restrictions make textile consumers better off.
B) The trade restrictions make workers in poor countries better off.
C) The trade restrictions benefit an organized visible special interest in rich countries.
D) Rich countries have a strong need for the revenue from these trade restrictions.

Question

Quizplus · Accepted Answer

The trade restrictions benefit an organized visible special interest in rich countries, such as domestic textile producers, who lobby for protectionist measures to shield themselves from cheaper imports and preserve their market share and jobs.

Which of the Following Reasons Explains Why Rich Countries Persistently