Discuss the national security argument as a case against free trade. What is the problem with this argument?
What will be an ideal response?
Certain industries argue that their business is vital to national security interest and ought to be protected. The trouble is that many industries make this claim and it is difficult to sort out the genuine claims from the bogus ones.
Economics
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In the United States since 1970, the quantity of M1 money people hold as a percentage of GDP has
A) decreased. B) remained constant. C) decreased at first and then increased. D) increased at first and the decreased. E) increased.
Economics
The shift toward more open, integrated economies that participate in foreign trade and investment is referred to as:
A) protectionism. B) fair trade promotion. C) globalization. D) traditionalism.
Economics