Which of the Following Is Not a Criticism of the National

question 32

Multiple Choice

Which of the following is not a criticism of the national defense argument for trade restrictions?

• A)National defense only makes sense in the absence of international trade.
• B)Stockpiling basic military hardware could eliminate the need to protect the domestic industry.
• C)Nearly all industries can make some claim to strategic importance, so such trade restrictions can get out of hand.
• D)National defense considerations can outweigh concerns about efficiency.
• E)Government subsidies to domestic producers may be more efficient than trade restrictions.