What Are the Arguments in Favor of Trade Restrictions, and What

question 66

Essay

What are the arguments in favor of trade restrictions, and what are the counterarguments? According to most economists, do any of these arguments really justify trade restrictions? Explain.

---

Definitions:

Canalization

A concept in developmental biology referring to the ability of an organism to produce the same phenotype regardless of variability of its environment or genotype.

Visual Cliff

An experimental apparatus used to study infants' and young animals' perception of depth and their ability to understand visual cues related to depth.

Depth Perception

The visual ability to perceive the world in three dimensions and to judge the distance of objects.

Babinski Reflex

A reflex action in infants, which is elicited by stroking the foot and results in the toes fanning out, indicative of neurological function.