Most Economists Agree That Valid Reasons for Protecting Trade Include

question 74

Multiple Choice

Most economists agree that valid reasons for protecting trade include which of the following?
I. the economies of scale argument
II. the saving jobs argument
III. the protection of high wages argument

• A) I only
• B) I and II
• C) I and III
• D) None of the reasons are valid.

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Definitions:

Autonomic Nervous System

A part of the peripheral nervous system that controls involuntary body functions, such as heart rate, digestion, and respiratory rate.

Sympathetic

A portion of the autonomic nervous system.

Parasympathetic

A division of the autonomic nervous system.

Pons

A portion of the brainstem connecting the medulla oblongata and cerebellum with upper portions of the brain.