Which of the following arguments for trade barriers offers potential benefits to consumers?
ATo protect industries from competition from low wage countries.
BTo nurture infant industries by protecting them from cheaper imports.
CTo soften the fall of declining industries.
DTo protect industries from dumping.
Correct answer
C. To soften the fall of declining industries.
Explanation
To soften the fall of declining industries. is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.