The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-It is often argued that if foreign goods are kept out of the domestic economy:

Question

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5
 
-It is often argued that if foreign goods are kept out of the domestic economy:

Quizplus · Accepted Answer

Restricting foreign goods from entering the domestic economy is often seen as a way to protect local industries. By limiting competition from abroad, domestic companies may not lose market share to foreign competitors, potentially leading to job creation or preservation within the domestic economy.

The Table Below Shows the Quantity Demanded (In Thousands) and Quantity