Which of the Following Arguments for Trade Restrictions Is Often

question 20

Multiple Choice

Which of the following arguments for trade restrictions is often advanced?

• A)Trade restrictions make all Americans better off.
• B)Trade restrictions increase economic efficiency.
• C)Trade restrictions are necessary for economic growth.
• D)Trade restrictions are sometimes necessary for national security.

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Definitions:

Original Issuer

The entity that first creates and offers securities or financial instruments to the public, such as bonds or stocks.

Secondary Market

A market where investors purchase securities or assets from other investors, rather than from issuing companies themselves.

TSX

Toronto Stock Exchange, a major stock exchange in Canada where various publicly held companies are listed and traded.

Corporate Bonds

Debt securities issued by corporations to finance their operations, projects, or expansions, which typically pay fixed interest rates to investors.