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History, 16.04.2020 01:33 makaylahendrix8808

Excerpt from A Petition, published in 1845 by Frederic Bastiat

'From the Manufacturers of Candles, Tapers, Lanterns, Candlesticks, Street Lamps,

To the Honorable Members of the Chamber of Deputies

You are on the right track. You reject abstract theories and have little regard for abundance and low prices. You concern yourselves mainly with the fate of the producer. You wish to free him from foreign competition, that is, to reserve the domestic market for domestic industry"

Which quote BEST represents the idea of trade barriers?

A) "You are on the right track."

B) "You reject abstract theories"

C) "You wish to free him from foreign competition"

D) "[You] have little regard for abundance and low prices"

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Answers: 1

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Excerpt from A Petition, published in 1845 by Frederic Bastiat

'From the Manufacturers o...
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