Which of the Following Arguments Is Valid in the Economics

question 151

Multiple Choice

Which of the following arguments is valid in the economics of international trade?

• A) Trade restrictions are good ways to raise a country's employment.
• B) Protectionism increases the well-being of domestic consumers.
• C) Trade restrictions help to reduce child labor in poor countries.
• D) Trade can result in a net job gain in the whole country.

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Definitions:

Social Behavior

Actions and interactions among individuals within a society, shaped by social norms, cultures, and structures.

Value-Free

The principle that the conduct and analysis of scientific research should be objective and unaffected by the personal values or biases of the researcher.

Laws Of Human Social Behavior

Principles that attempt to describe and predict how people interact within societies and how these interactions are regulated.

Enlightenment's Conceptualization

The process of understanding during the Enlightenment period, emphasizing reason, science, and human rights as the primary sources of legitimacy and authority.