Application 16.2, "Gloria Flunks the Professor,"demonstrates That

Application 16.2, "Gloria Flunks the Professor,"demonstrates that:

A) the economics profession has no theories to explain international trade.
B) a person's position on protectionism may be complicated by a conflict between philosophical commitment and personal interests.
C) free trade is the best international trade policy, despite the fact that economic theory shows that no one benefits from free trade.
D) after centuries of debating the free trade-protectionism issue, neither side has been able to identify any group that would benefit from its proposals.