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Trade Restrictions Are Often Motivated by a Desire to Save

question 143

Multiple Choice

Trade restrictions are often motivated by a desire to save domestic jobs threatened by competition from imports.Which of the following counter-arguments is made by economists who oppose trade restrictions?


Definitions:

Dispute

A disagreement, conflict, or argument between parties, potentially leading to legal action.

Agreement

A mutual understanding between parties regarding their rights and responsibilities.

Witness's Testimony

The oral or written statement given by a witness under oath, recounting what they know or have seen, which is used as evidence in court.

Paralegals

Professionals in the legal field who assist attorneys in case preparation, research, and document management but are not licensed to practice law.

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