If many countries try to boost net exports through trade protection,they will ________ because increased net exports for one country would mean reduced net exports for another.This is an example of the ________.

Question

Quizplus · Accepted Answer

This scenario is an example of a fallacy of composition because while one country may benefit from increased net exports through trade protection, if many countries adopt this strategy, it will ultimately lead to reduced net exports globally. In other words, what may be good for one country individually may not be good for the world as a whole. Therefore, attempting to boost net exports through trade protectionism is likely to fail in the long run.

If Many Countries Try to Boost Net Exports Through Trade