All of the following are arguments in favor of restricting trade EXCEPT
A) comparative advantage.
B) protecting domestic jobs.
C) protecting emerging industries.
D) dumping.

Question

Quizplus · Accepted Answer

Comparative advantage is an argument in favor of unrestricted trade. It suggests that countries should specialize in producing goods in which they have a lower opportunity cost and trade with other countries to obtain goods in which they do not have a comparative advantage. Protecting domestic jobs, protecting emerging industries and opposition to dumping are all arguments in favor of restricting trade.

All of the Following Are Arguments in Favor of Restricting