Which of the Following Are Reasons Economists Consider Valid for Trade

question 85

Multiple Choice

Which of the following are reasons economists consider valid for trade protection?
I. Protection penalizes countries that have weak environmental standards.
II. Protection limits dumping of low-wage jobs into the domestic economy.
III. Protection prevents low-wage jobs in foreign countries from lowering wages in the United States.

• A) I and II
• B) II and III
• C) I, II, and III
• D) none of the above

---

Definitions:

Ongoing social relations

Continuous interactions and connections between individuals or groups within a society.

Intraumural softball team

A recreational sports team designed for members within the same institution or community, often less competitive than intercollegiate or professional leagues.

Tourist attraction

A place of interest where tourists visit, typically for its inherent or exhibited natural or cultural value, historical significance, natural or built beauty, or amusement offerings.

Grocery store

A retail store that primarily sells food, both fresh and packaged, along with various household goods.