Which of the Following Statements Is Used to Justify Protectionism

question 142

Multiple Choice

Which of the following statements is used to justify protectionism?

• A)Free trade leads to higher prices for imported goods.
• B)Free trade increases employment by protecting domestic firms.
• C)A country should not rely on other countries for goods that are critical to its national defense.
• D)Trade restrictions are not necessary to protect new firms since they can gain experience and become more productive without protection.

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Definitions:

Inconsistent

Referring to something that does not always behave or respond the same way every time, leading to unpredictability.

Ages

The various stages of life or periods of history marked by distinct characteristics or events.

Chronically Distressed Infants

babies who experience prolonged periods of distress, often due to medical conditions, environmental factors, or caregiving deficits.

Infant Crying

A baby's way of communicating needs or discomfort, ranging from hunger, tiredness, need for diaper change, or desire for attention and comfort.