Ask Question
25 February, 13:56

A common argument in favor of restricting international trade in good x is based on the premise that (A) international trade reduces total surplus in countries that export good x. (B) international trade reduces total surplus in countries that import good x. (C) international trade is desirable only when countries with different domestic supplies of natural resources play by different rules when trading with one another. (D) trade restrictions can be useful when one country bargains with its trading partners.

+3
Answers (1)
  1. 25 February, 16:03
    0
    Option D is correct

    Explanation:

    It is useful because it provides a platform for both parties to find a common ground favourable to both parties when trading in goods x be it resources for production of goods X or demand of final product of good x.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A common argument in favor of restricting international trade in good x is based on the premise that (A) international trade reduces total ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers