Arguments Made Against Free Trade Include All of the Following

question 90

Multiple Choice

Arguments made against free trade include all of the following except

• A) national defense considerations justify producing certain goods domestically whether the country has a comparative advantage in their production or not.
• B) infant industries should be protected from free trade so that they may have time to develop and compete on an even basis with older,more established foreign industries.
• C) dumping is an unfair trade practice that puts domestic producers of substitute goods at a disadvantage that they should be protected against.
• D) free trade is inflationary and should be restricted in the domestic interest.
• E) if foreign governments subsidize their exports,foreign firms that export are given an unfair advantage that domestic producers should be protected against.

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Definitions:

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Large Groups

An assembly of a significant number of individuals gathered for a specific purpose or activity.

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