The Argument That Import Restrictions Save Jobs and Promote Prosperity

question 154

Multiple Choice

The argument that import restrictions save jobs and promote prosperity fails to recognize that

• A) there are no secondary effects of import restrictions.
• B) import restrictions will lower prices in the protected industries.
• C) import restrictions cannot create jobs in any industries.
• D) U.S. imports provide people in other countries with the purchasing power required for the purchase of U.S. exports.