Trade Restrictions

question 92

Multiple Choice

Trade restrictions:

• A) help to save jobs in the protected industry, which causes these workers to spend more money in other industries, netting increased output and job opportunities throughout the economy.
• B) are a very inexpensive way of saving jobs, cheaper than job retraining programs.
• C) may save jobs in one industry but at a cost of less job growth in other industries.
• D) often have little support by politicians, media, and the public.