One of the Costs of Protectionism Is

question 66

Multiple Choice

One of the costs of protectionism is:

• A) increases in total national output.
• B) a reduction in the variety of goods in domestic markets.
• C) greater competition.
• D) lower opportunity costs of domestic production.

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Definitions:

Cellular Networks

Wireless communication networks that use distributed cell sites to provide coverage over extensive areas.

2G

The second generation of cellular network technology, characterized by digital encryption and the introduction of data services, such as SMS text messages.

Voice Communications

The transmission of spoken information using electronic devices, over distances.

Firemen

Professionals responsible for firefighting, emergency medical services, and other related public safety tasks to protect people, property, and the environment.