Which of the following issues raises concerns about the ethics of protectionism?
A)Competitive advantage grows out of continuous improvement.
B)Small firms succeed in foreign niche markets.
C)Tariffs have declined from an average of 40 percent to less than 5 percent.
D)Regional trade agreements provide preferential treatment for member nations.
E)Pan-European marketing strategies are possible due to greater uniformity in packaging standards.

Question

Quizplus · Accepted Answer

Regional trade agreements, which provide preferential treatment for member nations, can be seen as unfair to non-member countries and lead to unequal distribution of benefits. This raises concerns about the ethics of protectionism, as it goes against the principles of free and fair trade.

Which of the Following Issues Raises Concerns About the Ethics