The danger of using the national defense argument to protect domestic industries necessary to wage war is that
A) it has no validity on noneconomic grounds.
B) it is unrelated to the United States' ability to wage war.
C) other nations will retaliate with tariffs against U.S.producers of war material.
D) industries with only the most peripheral relationship to defense are likely to invoke this argument on their behalf.
Correct Answer:
Verified
Q177: The two primary reasons to adopt measures
Q178: The effect of a tariff or a
Q179: If the United States imposed a 25
Q180: Tariffs and quotas are effective in protecting
Q181: In the long run, foreign labor remains
Q183: When other nations Orient "dump" products on
Q184: A program of protection that results in
Q185: An essential point, among many, in the
Q186: Opening trade between a nation that has
Q187: The basic concept behind strategic trade policy
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents