Why Should Managers Have an Understanding of Trade Protectionism

Multiple Choice

Why should managers have an understanding of trade protectionism?

A) Trade protectionism targets factor endowments, thus affecting the best country to locate production.
B) Trade protectionism affects a company's ability to sell abroad and ability to compete at home.
C) Trade protectionism affects the number of people permitted to practice a specific profession.
D) Trade protectionism prevents companies' enactment of merger and acquisition agreements.