Two reasons that explain why international trade in 2014 remained restricted is that restricted international trade
A)benefits domestic producers of import-competing goods and services and generates tariff revenue in developing countries.
B)prevents developed countries from exploiting third world countries and saves jobs in those countries.
C)brings diversity and stability to the whole economy and saves jobs in developing countries.
D)saves jobs and penalizes developing countries that have lax environmental standards.
E)brings diversity to the whole economy and penalizes countries that have lax environmental standards.

Question

Quizplus · Accepted Answer

Restricted international trade benefits domestic producers of import-competing goods and services as they face reduced competition and can charge higher prices, which generates revenue through tariffs for developing countries. These factors can make it difficult to liberalize trade policies and encourage protectionist measures.

Two Reasons That Explain Why International Trade in 2014 Remained