Trade Restrictions That Limit the Sale of Low-Price Foreign Goods

question 162

Multiple Choice

Trade restrictions that limit the sale of low-price foreign goods in the U.S. market

• A) increase the real income of Americans.
• B) benefit domestic producers in the protected industries at the expense of consumers and domestic producers in export industries.
• C) help channel more of our resources into producing goods for which we are a low-cost producer.
• D) reduce unemployment and increase the productivity of American workers.

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