Which of the Following Do Japanese Rice Farmers and the U.S

question 81

Multiple Choice

Which of the following do Japanese rice farmers and the U.S. textile industry have in common?

• A)They both did not require trade adjustment assistance when trade barriers were lifted in their industries.
• B)They both used the infant industry argument to justify trade barriers.
• C)They both made national security arguments to justify trade barriers in their industries.
• D)Trade barriers have never been imposed in either of the two industries.
• E)The market prices in both of the two industries would be the same with or without free trade.

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