Advocates of government intervention in international trade argue that blocking imports will ________.

Question

Quizplus · Accepted Answer

Advocates of government intervention in international trade argue that blocking imports will protect home-country employment opportunities. By restricting imports, the demand for domestic products would increase, which would lead to more jobs in the home market. However, this may also lead to higher prices for consumers and less competition, which could lead to a decrease in overall product quality. The other options (A, C, and D) do not directly relate to the benefits of blocking imports.

Advocates of Government Intervention in International Trade Argue That Blocking