Multiple Choice
Which of the following is not employed as an argument in support of trade restrictions?
A) Free trade harms the national security if vital products are imported.
B) Free trade is harmful to importing countries if foreign countries subsidize their exporting industries.
C) Free trade destroys domestic jobs.
D) Free trade harms both domestic producers and domestic consumers and therefore reduces total surplus.
E) Free trade harms infant industries in an importing country.
Correct Answer:

Verified
Correct Answer:
Verified
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Q56: Exhibit 1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7553/.jpg" alt="Exhibit 1