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:

Ventricles

Hollow chambers within the brain that produce cerebrospinal fluid, or within the heart that pump blood throughout the body.

ECG

An abbreviation for Electrocardiogram, a test that measures the electrical activity of the heart to show whether it is working normally.

Electrodes

Conductive materials that can be used to detect electrical signals or deliver electrical stimulation in various applications.

Isoelectric Line

The baseline of the electrocardiogram (ECG) where no electrical activity is recorded, representing the period between heartbeats.