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The Following Four Options Are the Arguments for Restricting Trade

Question 15

Multiple Choice

The following four options are the arguments for restricting trade. If imported goods undercut the price of home- produced goods, it is desirable to put tariffs on them to bring them up to the price of home- produced goods. This is an example of


A) a non- economic argument.
B) those arguments with validity for specific countries, but where there is nevertheless a net world loss.
C) a fallacious argument.
D) those arguments with some general validity in a world context.

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