Which of the following are valid reasons advanced by almost all economists?
Protection
A) saves jobs.
B) prevents rich countries from exploiting poorer countries.
C) is a good way for governments in developed nations to raise revenue.
D) Economists would not support any of the above reasons.

Question

Quizplus · Accepted Answer

Almost all economists do not support protectionism as a valid reason for trade barriers. Protectionism can harm overall economic growth, lead to higher prices for consumers, and reduce overall efficiency in the global marketplace. The other options given as reasons for protectionism are not supported by most economists as legitimate justifications for trade barriers.

Which of the Following Are Valid Reasons Advanced by Almost