QUESTION 6 Which of the following is NOT an argument used to defend trade restri

Question

QUESTION 6 Which of the following is NOT an argument used to defend trade restrictions? O They protect infant industries. O They allow domestic producers to compete against products that other countries O They protect domestic jobs. O They increase total production QUESTION 7 All of the following are reasons the government imposes trade restrictions EXCEPT O They want to protect domestic jobs O Trade restrictions provide consumers with lower-priced. higher-quality goods O They do not understand the costs and benefits of trade. O They make deals with other politicians to protect important industries in their districts QUESTION 8 What was the original cause of the modern movement toward free trade? O The push for international cooperation after WWII. The Cold War O The development of the Internet. O The success of the European Union. QUESTION 9 What does it mean to say that a currency appreciates? Depreciates? T TTT Paragraph Arial =-=-=-T'T, e???? e ?

Explanation / Answer

Ans

1 They increase total production. All others are arguments in favour

2 B. They result in price rise and inferior quality of oroducts

3 A is right. GATT WAS FORMED AFTER IT

Related Questions

Navigate

• Browse (All)
• Browse Q
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.