Most Economists Support Free Trade in Part Because Trade Restrictions

question 82

Multiple Choice

Most economists support free trade in part because trade restrictions:

• A) provide no revenue for the government.
• B) result in larger trade deficits for the nations imposing them.
• C) increase international competition.
• D) reduce international competition.

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Definitions:

Peacemaking

The process of bringing about peace, especially by reconciling adversaries through diplomacy, negotiation, and other efforts.

Care Approaches

Ethical theories or practices emphasizing the importance of interpersonal relationships and care as a fundamental aspect of human morality and decision making.

Affirms

To state something as true, to assert strongly and publicly.

Priority

The status established by order of importance or urgency.