Which of the Following Is a Partially Valid Economic Argument

question 14

Multiple Choice

Which of the following is a partially valid economic argument for restricting free trade?

• A) Restrictions on foreign trade will increase employment and permanently reduce unemployment.
• B) Removal of restrictions that have existed for years will initially cause inflation.
• C) Infant industries need permanent protection to develop and gain productive efficiency.
• D) A nation needs to protect industries that are vital to national defense in case of future international conflict.

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Definitions:

Employer Demands

Specific conditions or changes employers seek from employees or unions during negotiations or bargaining processes.

Card Check Recognition

A method for employees to authorize union representation by signing cards stating they want the union to represent them, bypassing the need for a secret ballot election.

Right-to-Work Laws

Statutes that provide workers with the choice to join or support a labor union without facing mandatory membership as a condition of employment.

Voluntarism

A philosophy or principle that promotes voluntary actions or services rather than those compelled by law.