Author Question: One reason that international trade is restricted is that A) the individual gain to parties who ... (Read 119 times)

HCHenry · **on:** Jun 29, 2018

One reason that international trade is restricted is that

A) the individual gain to parties who benefit from the protection is much larger than the individual loss to parties who lose.
B) the government completely pays the losers from international trade for their losses.
C) protectionism benefits consumers.
D) the government cannot measure the cost of protectionism.

Question 2

Labor productivity has grown at almost the same rate each year over the last 40 years in the United States.

Indicate whether the statement is true or false