Which of the following is true of protectionism?

A) It lowers prices for domestic consumers and increases social surplus.
B) It increases prices for domestic consumers and also increases social surplus.
C) It increases prices for domestic consumers and lowers social surplus.
D) It lowers prices for domestic consumers and also reduces social surplus.

C

Economics

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What is the main difference between economic regulation and social regulation?

What will be an ideal response?

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If the stock market crashes, investment will fall.

Answer the following statement true (T) or false (F)

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