In most cases, trade restrictions will:
A)save jobs without any other costs.
B)save some jobs and destroy other jobs.(True Answer )Correct
C)benefit both producers and consumers.
D)benefit only the government.

Question

Quizplus · Accepted Answer

Trade restrictions, such as tariffs and quotas, can protect jobs in certain industries by limiting foreign competition, but they also increase costs for domestic consumers and businesses that rely on imported goods. This can lead to job losses in those industries and can harm overall economic growth. Therefore, while trade restrictions may save some jobs, they also result in the destruction of other jobs.

In Most Cases, Trade Restrictions Will