Which of the following is not an argument in favor of protectionism?
2 answers:
B.) Protectionism safeguards workers' jobs
Answer:
The Correct Answer is B
Protectionism safeguards workers’ jobs.
Explanation:
The chief causes incorporate:
- To safeguard national jobs - as protectionist methods decrease import invasion.
- To improve the steadiness of returns disequilibrium - as the need for imports is discouraged and exports advanced.
- This gives the home product seems to be more competitive.
Arguments for protectionism
- The protection of domestic jobs
- National security
- Protection of infant industries
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