Economists sometimes say that protectionism is the second-best choice for dealing with
Chapter 34, Problem 53(choose chapter or problem)
Economists sometimes say that protectionism is the second-best choice for dealing with any particular problem. What they mean is that there is often a policy choice that is more direct or effective for dealing with the problema choice that would still allow the benefits of trade to occur. Explain why protectionism is a second-best choice for: a. helping workers as a group b. helping industries stay strong c. protecting the environment d. advancing national defense
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