Which of the following issues raises concerns about the ethics of protectionism?

A. Pan-European marketing strategies are possible due to greater uniformity in packaging standards.
B. Small firms succeed in foreign niche markets.
C. Competitive advantage grows out of continuous improvement.
D. Regional trade agreements provide preferential treatment for member nations.
E. Tariffs have declined from an average of 40 percent to less than 5 percent.


Answer: D

Business

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