A possible drawback to the essential industry argument for import protectionism is ________.

A possible drawback to the essential industry argument for import protectionism is ________.



A) that such protection hurts the protecting country's balance of payments
B) in times of military emergency, almost any product could be considered essential
C) other countries find supplies elsewhere
D) unemployment increases in the protecting country


Answer: B) in times of military emergency, almost any product could be considered essential


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