According to Material Presented in Chapter 7, Which Focuses on the Sectoral

Multiple Choice

According to material presented in Chapter 7, which focuses on the sectoral models of the economy, protection from imports can be justified if it:

A) shifts a country's comparative advantage to products that improve the terms of trade.
B) solicits retaliation from foreign governments.
C) favors traditional industries.
D) induces the government to favor the industries that innovated most in the past.