Economics

posted by .

I'm completely stuck on this question..

Trade barriers only work when..?
-infant industries receive the protection.
-the United States does not have a trade deficit.
-American money is kept in the United States.
-other countries do not use trade barriers.

I want to say the answer is the 2nd one...the 1st and 3rd don't seem to fit with this, and I'm not sure about the last answer which is why I don't know the answer..

can anyone please help me?

  • Economics -

    There are a few reasons why trade barriers can be a good idea (so I'm bothered by the word "only") That said, the most-cited reason for trade barriers is the protection of infant industries. I would go with 1)

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Macroeconomics

    Peter Pundit, an economics reporter, states that the European Union (EU) is increasing its productivity very rapidly in all industries. He claims that this productivity advance is so rapid that output from the EU in these industries …
  2. Gov USA

    19. Which of the following is true about the trade imbalance in the United States?
  3. s.s

    4. How did the United States change as it became more economically independent?
  4. economics

    1) Recent trends toward trade restrictions have been to a) lower only those trade barriers related to technology. b)shield a country's automobile industries. c)increase trade barriers. d) decrease trade barriers
  5. SS

    5.How did the United States change as it became more economically independent?
  6. Social Studies

    This is the only question I need help with! My answer for it is, C. Why was it important for the United States to maintain good relations with North Africa and Southwest Asia?
  7. SS

    The United States signs a free trade agreement with another country that has dramatically different resources. How would this trade treaty affect the United States?
  8. social studies- helpppp

    France and Britain were able to avoid the worst of the Great Depression because A) their colonies were required to purchase goods from them.**** B) neither had any significant involvement in international trade. C) the Great Depression …
  9. social studies

    Which of the following statements best summarizes Washington’s viewpoint on American foreign policy?
  10. History

    Which of the following statements best summarizes Washington’s viewpoint on American foreign policy?

More Similar Questions