Which of the Following Arguments in Favor of Trade Restrictions

question 90

Multiple Choice

Which of the following arguments in favor of trade restrictions is of questionable validity?

• A)​total domestic employment
• B)​national security
• C)​infant industries
• D)​all of the above

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Definitions:

Voluntary Exchange

A transaction where parties involved trade goods or services by mutual agreement, without coercion.

Mutual Gain

A situation or outcome in which all parties involved benefit or profit from the arrangement or transaction.

Potential Exchange

The possibility of trading goods, services, or other items of value between parties.

Trade

The exchange of goods, services, or both between two or more parties.