The two primary reasons to adopt measures to restrict trade are that   a. they help keep real wages high in the importing country, and they also permit small businesses to compete in international markets.   b. they may help the importing country improve its educational system, and they keep high-technology products from being stolen by foreign competitors.   c. they may help the importing country get better prices for its goods, and they protect certain industries from foreign competition.   d. they may help advance the political goals of the nation, and they encourage productivity in domestic industries.

Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter16: Gaining From International Trade
Section: Chapter Questions
Problem 12CQ
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  1. The two primary reasons to adopt measures to restrict trade are that
      a.
    they help keep real wages high in the importing country, and they also permit small businesses to compete in international markets.
      b.
    they may help the importing country improve its educational system, and they keep high-technology products from being stolen by foreign competitors.
      c.
    they may help the importing country get better prices for its goods, and they protect certain industries from foreign competition.
      d.
    they may help advance the political goals of the nation, and they encourage productivity in domestic industries.
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