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The Basic Concept Behind Strategic Trade Policy Is That Free

Question 156

Multiple Choice

The basic concept behind strategic trade policy is that free trade is the best policy to pursue, but some countries don't play by those rules.Therefore,


A) it makes no sense to engage in trade at all, and it makes sense to be self-sufficient.
B) it makes sense to restrict imports of items that are of military significance in order to maintain a strong defense posture.
C) it makes sense to threaten to protect markets unless other nations agree to open theirs.
D) it makes no sense to export items of strategic importance to other nations, because they should make them on their own.

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