The Canadian government campaigned against increasing protectionism in the wake of the 2007-2009 global recession in order to
A)to speed the economic recovery.
B)solely to protect Canadian exporters.
C)to prevent American firms from gaining a comparative advantage over Canadian firms.
D)to limit the variety of goods and services available to Canadian consumers.

Question

Quizplus · Accepted Answer

The Canadian government campaigned against increasing protectionism in order to speed up the economic recovery by allowing for the free flow of trade and investment, which would increase economic activity and create jobs. This approach was taken to avoid a repeat of the Great Depression, where countries turned to protectionism, contributing to a decline in international trade and worsening global economic conditions.

The Canadian Government Campaigned Against Increasing Protectionism in the Wake