"The nation needs to prevent foreign nations from selling their excess goods in our nation at a price below cost so we can save American ﬁrms." This quotation would be most closely associated with
Which protectionist argument?

Question

Quizplus · Accepted Answer

The quotation talks about preventing foreign countries from selling their goods in our nation at a cost lower than their cost price, which is known as dumping. This is a key argument made by protectionists who advocate for protection against dumping in order to save domestic firms.

"The Nation Needs to Prevent Foreign Nations from Selling Their