Advocates of the Comparable Access Argument for Trade Protection Primarily

question 69

Multiple Choice

Advocates of the comparable access argument for trade protection primarily assert that domestic industries ________.

• A)will deteriorate in countries that have lower import restrictions than their trading partners
• B)should be required to implement export-led development policies on foreign competitors
• C)are entitled to the same access to foreign markets as foreign industries have to their markets
• D)are forced to lower prices for domestic consumers because of foreign import restrictions

---

Definitions:

Demand

The amount of a product or service that buyers are ready and able to buy at different price points over a specified duration.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to buy at a given price within a specified period.

Percentage Change

The extent of difference, expressed as a percentage, that represents how much a value has increased or decreased from its original amount.

Agricultural Output

The total quantity of agricultural products, such as crops and livestock, produced in a given period.