Which of the Following Is True About the Cost of Protectionism

question 25

Multiple Choice

Which of the following is true about the cost of protectionism?

• A) Organized consumer groups have been largely active in cases involving protection of domestic industries.
• B) Ultimately, the cost of protectionism is borne by producers.
• C) The cost of protectionism is ultimately borne by consumers.
• D) Individual consumers are fairly likely to act politically on trade protection issues.

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