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Question 1 of 2 3 Ali Stone This test: 2 5 point ( s ) possible This question: 1 point ( s ) possible Protectionism

Question 1 of 23
Ali Stone
This test: 25 point(s) possible
This question: 1 point(s) possible
Protectionism is the use of trade barriers to shield domestic firms from foreign competition. Protectionism is usually justified on the basis of several arguments which include:
A. saving jobs, protecting infant industries, and protecting national security.
B. protecting national security, promoting the wants of select industries, and saving jobs.
C. protecting high wages, protecting national security, and maintaining high prices for imports.
D. protecting kigh wages, protecting mature industries, and protecting national security.
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