Which of the Following Is a Valid Counterargument Against Using

question 346

Multiple Choice

Which of the following is a valid counterargument against using tariffs to protect high wages from cheap foreign labor?

• A)The benefits of such a tariff policy will go to consumers, not workers.
• B)The benefits of such a tariff policy will go to businesses, not workers.
• C)Wage rates in a nation are largely determined by productivity, not trade tariffs.
• D)The economy may become overheated, thus increasing inflation.

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