The Argument for Unrestricted Free Trade Is That Both Import

question 123

Multiple Choice

The argument for unrestricted free trade is that both import controls and export incentives

• A)help firms build a competitive advantage that is subsequently difficult to challenge.
• B)help firms to capture first-mover advantages.
• C)imply that a laissez-faire stance toward trade is in the best interests of a country.
• D)are self-defeating and result in wasted resources.
• E)are not in line with principles of mercantilism.

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