The argument that protection
A)penalizes poor environmental standards is true.
B)allows us to compete with cheap foreign wages is true.
C)is necessary for infant industries is true.
D)saves jobs is flawed.
E)prevents rich countries from exploiting poor countries is true.

Question

Quizplus · Accepted Answer

The argument that protection saves jobs is flawed because while it may protect certain industries and jobs in the short term, it ultimately leads to inefficiencies and higher costs for consumers, which can result in job losses in other industries. Additionally, protecting industries with outdated technology and practices can hinder innovation and the adoption of new, more efficient practices.

The Argument That Protection