Examlex
Economists usually agree with which of the following arguments that favor protectionism?
Supremacy Clause
A clause in the United States Constitution stating that federal law is the supreme law of the land, taking precedence over state laws and constitutions when there is conflict.
Devolution Theory
The idea or process of transferring powers from a central government to local or regional administrations, often to promote decentralization.
Unitary Government
A centralized form of government where all governmental powers are held by a single central authority, with little or no delegation to subdivisions.
Federalism
A political system where power is divided between a central (national) government and regional (state or provincial) governments.
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