Critics of trade barriers argue that trade barriers __________. a.) reduce the domestic incentive for production efficiency b.) are politically too easy to remove when the economy recovers c.) help a domestic economy be more productive d.) are only good at full employment

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jadadaisy116 jadadaisy116

22-12-2021
Business

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Critics of trade barriers argue that trade barriers __________. a.) reduce the domestic incentive for production efficiency b.) are politically too easy to remove when the economy recovers c.) help a domestic economy be more productive d.) are only good at full employment

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Baraq Baraq · Answer 1 · 2021-12-29T11:44:28+01:00

Based on macroeconomic theory, Critics of trade barriers argue that trade barriers "reduce the domestic incentive for production efficiency."

What is Trade Barrier?

Trade Barrier is a term used to describe the restrictions made by the national government on international trade.

Trade Barrier is known to have both advantages and disadvantages. However, one of the disadvantages of the Trade barrier is that it lowers the overall economic efficiency.

Hence, in this case, it is concluded that the correct answer is option A. "reduce the domestic incentive for production efficiency."

Learn more about Trade Barrier here: https://brainly.com/question/19031345