Which of the Following Is a Partially Valid Economic Argument

question 14

Multiple Choice

Which of the following is a partially valid economic argument for restricting free trade?

• A) Restrictions on foreign trade will increase employment and permanently reduce unemployment.
• B) Removal of restrictions that have existed for years will initially cause inflation.
• C) Infant industries need permanent protection to develop and gain productive efficiency.
• D) A nation needs to protect industries that are vital to national defense in case of future international conflict.

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Definitions:

Battle of Bunker Hill

An early and significant battle during the American Revolutionary War on June 17, 1775, showcasing the determination and resilience of the American forces.

British Casualties

Individuals from Britain who were killed, wounded, missing, or captured during a conflict or in a military context.

Decisive Victory

A military outcome that conclusively resolves the objective being fought over, leaving the victor clear and undisputable.

Second Continental Congress

A convention of delegates from the Thirteen Colonies that met beginning in May 1775, managing the colonial war effort and moving towards independence.