Question

The idea that, even if no one gets any better at producing things, we can still generate more stuff just by rearranging who produces what is a fundamental part of which concept?

A.socialism

B. absolute advantage

C. tariffs

D. property rights

E. comparative advantage

Answer 1

Answer:

ok so your answer is A as ......

Protectionism is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations. Proponents argue that protectionist policies shield the producers, businesses, and workers of the import-competing sector in the country from foreign competitors. However, they also reduce trade and adversely affect consumers in general (by raising the cost of imported goods), and harm the producers and workers in export sectors, both in the country implementing protectionist policies and in the countries protected against.

Explanation:

okay