Multiple Choice
The "increase domestic employment" argument for tariff protection holds that:
A) domestic inflation is a desirable policy goal because it stimulates exports
B) domestic deflation is a desirable policy goal because it stimulates imports
C) an increase in tariffs will increase imports and stimulate domestic employment
D) an increase in tariffs will decrease imports and stimulate domestic employment
E) domestic deflation is a desirable goal because it stimulates exports
Correct Answer:
Verified
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