In a December 2007 New York Times column Paul Krugman argued in favor of
A)protectionism based on the national-security argument.
B)protectionism based on the infant-industry argument.
C)protectionism based on the unfair-competition argument.
D)keeping world markets relatively open.

Question

Quizplus · Accepted Answer

In his December 2007 New York Times column, Paul Krugman argued in favor of keeping world markets relatively open. He cautioned against protectionism based on any argument, including the infant-industry or unfair-competition arguments. Krugman argued that in today's globalized economy, closing borders to trade would do more harm than good.

In a December 2007 New York Times Column Paul Krugman