please help Question 33 Not yet answered Points out of 1 P F

please help

Question 33 Not yet answered Points out of 1 P Flag question Which of the following is NOT among the common arguments for protection? Select one e can be disruptive to sectors of society facing foreign competition for the first time, as with small towns built around a single industry b. A new or small industry in a country could be crushed by more mature foreign competitors, so the industry should be protected until it is on an equal footing with the foreign competition. .Major war could cut offimports from other countries and leave a country dependent on its own industries, so a nation should protect industries important to conducting a war. d. More international trade will tend to reduce the value of the domestic currency, hurting savers.

Solution

Ans:

Option D

More international trade will reduce the value of domestic currency, hurting savers.

The common arguments for protection include infant industry,job preservation,unfair competition and national security.Argument that more international trade will reduce the value of domestic currency is not among common arguments for protection.