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The Argument for Unrestricted Free Trade Is That Both Import

Question 23

Multiple Choice

The argument for unrestricted free trade is that both import controls and export incentives


A) help firms build a competitive advantage that is subsequently difficult to challenge.
B) help firms to capture first-mover advantages.
C) imply that a laissez-faire stance toward trade is in the best interests of a country.
D) are self-defeating and result in wasted resources.
E) are not in line with principles of mercantilism.

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