Multiple Choice
One reason trade restrictions exist is that:
A) workers can be shifted easily from one industry to another.
B) workers cannot be shifted easily from one industry to another.
C) the long-run gains from free trade are small relative to the short-run costs.
D) the short-run gains from free trade are small relative to the long-run costs.
Correct Answer:
Verified
Correct Answer:
Verified
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