Many American and European Politicians Argue That Limiting International Trade

Multiple Choice

Many American and European politicians argue that limiting international trade will improve GDP. A reason such protectionism is likely to fail is

A) such policies will reduce exports by as much or more than imports.
B) such policies fail to address the government budget deficit.
C) protectionism does not prevent immigration.
D) protectionism increases foreign direct investment and technological transfer.
E) such policies require all countries to coordinate their activities to be effective.