Which of the following is a valid counterargument against using tariffs to protect high wages from cheap foreign labor?

A. The benefits of such tariff policy will go to consumers, not workers
B. The benefits of such tariff policy will go to businesses, not workers
C. Wage rates in a nation are largely determined by productivity, not trade tariffs
D. The economy may become overheated, thus increasing inflation

C. Wage rates in a nation are largely determined by productivity, not trade tariffs

Economics

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When did NAFTA go into effect?

What will be an ideal response?

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When someone borrows to purchase capital goods, he is using someone else's _____ to fund his _____

Fill in the blank(s) with correct word

Economics