Restricting trade on the assumption that consumer demand is not strong enough to sustain both domestic and foreign producers would be justified using the:

Question

Quizplus · Accepted Answer

The domestic employment and output argument justifies restricting trade to protect domestic jobs and output, especially when consumer demand is perceived as insufficient to support both domestic and foreign producers. This approach aims to safeguard local industries and maintain employment levels by limiting imports that compete with domestic production.

Restricting Trade on the Assumption That Consumer Demand Is Not