Which of the following statements is true about the alleged benefits and adverse effects of trade barriers?
A) The alleged benefits like "saved jobs" are limited to a narrow sector of the economy and clearly seen by the general public, while the adverse effects tend to be obscure and
Dispersed.
B) The general public does not have much interest in trade and trade barriers because their effects are very small.
C) The alleged benefits of trade barriers tend to be spread over the whole economy, while their adverse effects are narrow and concentrated on a small sector.
D) The U.S. does not really have any significant trade barriers. That's why there is not much debate about them.
Correct Answer:
Verified
Q217: Q218: Q219: Which of the following statements is true? Q220: Q221: An excise tax on imported items is Q223: An example of a nontariff barrier would 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![]()
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