Protectionist Arguments Include All of the Following Except

question 14

Multiple Choice

Protectionist arguments include all of the following except:

• A) Allows countries to 'manage' their trade and keep out of debt
• B) Protecting the home culture from outside influences
• C) Allowing start-up industries to attain some maturity and efficiency before competing globally
• D) Consumer benefits of lower prices and increased product varieties

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Definitions:

Nearest 0.01%

Measurement or calculation precision to the hundredth of a percent.

Equivalent Interest Rate

The interest rate that gives the same compounded financial outcome as other rates calculated over different time periods.

Nearest 0.01%

Rounding off a numerical figure to the closest one hundredth of a percent.

Equivalent Interest Rate

A rate that provides the same accumulated interest as would be obtained from several other interest rates over a given time period.