Suppose the fictional country of Suria begins free trade in steel. As a result, Suria no longer produces steel. Since steel is used for guns and tanks, if there is a disruption in the supply of steel, Suria would not be able to defend itself in the event of a foreign conflict. In this case, and similar such cases, economists would argue that the national security argument would provide a legitimate reason for trade restrictions.

True

False

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The statement is true Economists argue that there are legiti... View the full answer