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National defense, helping infant industries, reducing domestic job loss, and keeping money at home are MOST

LIKELY arguments in favor of
Ο EU
NAFTA
protectionism
free trade

2 Answers

5 votes

Answer:

O EU

Step-by-step explanation:

Mostly because I have no idea what it means and the other are all about trade.

All of those problems are for people on the homeland.

Nothing to do with trade so yeah O EU all the way.

Glad I can help!!

User Meatherly
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4 votes

The correct answer is C) protectionism.

National defense, helping infant industries, reducing domestic job loss, and keeping money at home are MOST LIKELY arguments in protectionism.

When a nation applies a protectionist economic system it means that it approves practices like the mentioned above and practically isolated its economy from the global economic scenario. The consequences these nations suffered from that decision is that other nations stop trading with them or drastically reduce their imports. People from those protectionist countries suffer from a lack of jobs due to trade restrictions.

That is why, in a globalized world, trade has helped countries to prosper and form free trade associations such as NAFTA, the North America Free Trade Agreement between México, the United States, and Canada.

User Jegan Babu
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