Economists fear that national security arguments are used too quickly by producers at consumers' expense.
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Q25: In practice, it has proven to be
Q27: Tariffs cause deadweight loss because they move
Q32: Import quotas make domestic buyers better off
Q37: While it is true that some jobs
Q38: Many economists oppose the infant industry argument
Q40: Benefits from free trade include increased variety
Q42: A multilateral approach to free trade can
Q42: The main justification for imposing restrictions on
Q44: Free trade causes job losses in industries
Q52: A quota is:
A)a type of tax imposed
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