Business, 17.04.2020 04:18 homework1911

What do most economists find to be the most persuasive argument in favor of protectionism? A. Trade barriers protect infant industries that initially have relatively high costs. B. Trade barriers protect our national security. C. Trade barriers prevent firms from having to pay lower wages to compete with firms in developing countries. D. Trade barriers prevent the distinctive cultures of developing countries from being destroyed. E. Both a and b.

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What do most economists find to be the most persuasive argument in favor of protectionism? A. Trade...