Which of the Following Is Not an Argument in Favor

question 105

Multiple Choice

Which of the following is not an argument in favor of restricting trade?

• A)Preserving national security
• B)Preventing dumping
• C)Increasing consumer surplus
• D)Protecting infant industries
• E)Protecting declining industries

---

Definitions:

Demand Graph

A visual representation of the relationship between the price of a good or service and the quantity demanded by consumers.

Farm Product

Goods that are produced by farming activities, including crops, livestock, and products derived from them like milk or wool.

Inelastic Demand

Describes a market situation where the demand for a product does not significantly change in response to changes in its price.