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Which Is a Valid Counterargument to Use Tariffs to Protect

Question 90

Multiple Choice

Which is a valid counterargument to use tariffs to protect high wages from cheap foreign labour?


A) The benefits of such a policy will go to consumers, not workers.
B) The benefits of such a policy will go to businesses, not workers.
C) Wage rates in a nation are largely determined by productivity.
D) The economy may become overheated, thus increasing inflation.

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