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    Question

    Which one of the following is an incorrect statement as it relates to protectionism:

    A member nations may obtain preferential treatment compared to non-member nations Correct Answer Incorrect Answer
    B Canadian consumers pay billions each year because of protective restrictions Correct Answer Incorrect Answer
    C beer import tariffs to Canada protect local manufacturers but interfere with global trade Correct Answer Incorrect Answer
    D protectionism is viewed favorable by everyone because the price of goods remains consistent country-to-country Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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