What Is an Effective Counter Against the Argument That International

question 120

Multiple Choice

What is an effective counter against the argument that international trade should be restricted to protect domestic jobs?

• A) A more effective policy would be to support the industry with subsidies.
• B) The more diversified the economy, the more stable it is.
• C) Free trade increases the number of jobs in which workers earn higher incomes.
• D) Rent seeking behavior should be encouraged.
• E) Free trade in "green" goods will increase jobs.

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Definitions:

Paul Revere's Engraving

A famous engraving by Paul Revere that depicted the 1770 Boston Massacre, which played a significant role in galvanizing public sentiment against British rule in the American colonies.

Boston Massacre

An event in 1770 in which British soldiers killed five civilian men in Boston, fueling anger that contributed to the American Revolutionary War.

Indignation

A feeling of anger or annoyance provoked by what is perceived as unfair treatment.

Underlying Tension

The existing but concealed disagreements, issues, or conflict between individuals or groups that could potentially become more evident or erupt into a more pronounced conflict.