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.
Correct Answer:
Verified
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