Question

Many economists discourage restrictions on​ trade, emphasizing the costs associated with tariffs and quotas. ​ However, the U.S. government still receives pressure from some to erect trade​ barriers, and some trade barriers are still in place. Why would policymakers​ (such as those in​ Congress) understand the potential benefits from trade yet support trade​ restrictions? A. The benefits of trade restrictions are reaped by all industries. B. Foreign competition from free trade does not create new jobs. C. It is difficult to identify the number of jobs lost to foreign competition. D. Although trade restrictions have​ costs, their net benefits are always positive. E. The costs of trade restrictions per consumer are small.

Answer 1

Answer:

E. The costs of trade restrictions per consumer are small.

Explanation:

Trade restrictions are usually bad but, companies that compite with the foreing goods they have incentivize to keep a hard regultion if that is what prevent the access from other markets.

The United States is one of the most open countries in the word acording to the market freedom index. Also, as the quota are on average below 5% the few restrictions to free trade do not report a great lost in the tincome of the american family therefore, their cost is low.