The Argument for Unrestricted Free Trade Is That Both Import

Multiple Choice

The argument for unrestricted free trade is that both import controls and export incentives

A) help firms build a competitive advantage that is subsequently difficult to challenge.
B) help firms to capture first-mover advantages.
C) imply that a laissez-faire stance toward trade is in the best interests of a country.
D) are self-defeating and result in wasted resources.
E) are not in line with principles of mercantilism.