Protectionist legislation is often passed because:
A. employers in the affected industry lobby more effectively than the workers in that industry.
B. both employers and workers in the affected industry lobby for protectionist policies.
C. trade restrictions often benefit domestic consumers in the long run, though they must pay more in the short run.
D. it helps to keep domestic prices at a relatively lower level.
B. both employers and workers in the affected industry lobby for protectionist policies.
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a. stagflation b. deflation c. hyperinflation d. recession
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a. Robert Nozick. b. John Stuart Mill. c. John Rawls. d. Jeremy Bentham.
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