Economists sometimes say that protectionism is the second-best choice for dealing with any particular problem. What they
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Economists sometimes say that protectionism is the “second-best” choice for dealing with any particular problem. What they mean is that there is often a policy choice that is more direct or effective for dealing with the problem—a choice that would still allow the benefits of trade to occur. Explain why protectionism is a “second-best” choice for:
a. Helping workers as a group
b. Helping industries stay strong
c. Protecting the environment
d. Advancing national defense
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