Which of the Following Arguments for Trade Restrictions Is Often

question 20

Multiple Choice

Which of the following arguments for trade restrictions is often advanced?

• A)Trade restrictions make all Americans better off.
• B)Trade restrictions increase economic efficiency.
• C)Trade restrictions are necessary for economic growth.
• D)Trade restrictions are sometimes necessary for national security.

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Definitions:

Par Value

The face value of a bond or stock, as stated by its issuer, which is the nominal value and does not necessarily reflect its market value.

Conversion Value

The value of a convertible security if it is converted into a specified number of shares of the issuing company.

Common Stock

Equity ownership in a corporation, with voting rights and the potential for dividends and capital appreciation.