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92. A U.S. trade policy that restricts thesale of foreign goods in the U.S. mark

ID: 1230787 • Letter: 9

Question

92.   A U.S. trade policy that restricts thesale of foreign goods in the U.S. market will A.   reduce the demand for U.S. exportgoods since foreigners will be less able to buy our goods if theycannot sell to us. B.   benefit producers in industries thatexport goods. C.   increase the nation's income since itprotects domestic jobs. D.   enhance economic efficiency byallocating more resources to the areas of their greatestcomparative advantage. 92.   A U.S. trade policy that restricts thesale of foreign goods in the U.S. market will

Explanation / Answer

C. increase the nation's income since it protects domesticjobs.