Economists' support of trade restrictions is still based largely on the failure of the principle of comparative advantage.

Question

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Economists generally support free trade and the principle of comparative advantage, which suggests that countries should specialize in producing goods and services that they can produce most efficiently and trade with other countries to obtain goods and services they cannot produce as efficiently. Trade restrictions, such as tariffs and quotas, are generally viewed as harmful to overall economic welfare.

Economists' Support of Trade Restrictions Is Still Based Largely on the Failure