It is _______ that protection makes a nation worse off because it induces the firms in that nation to produce more of the goods that are costly to make and;it is _____ that one nation can gain from international trade only at the expense of other nations.

A) true;true
B) false;false
C) false;true
D) true;false

Protection

Economic policy measures, such as tariffs and quotas, used to limit imports in order to protect domestic industries.

Worse Off

A situation in which an individual or group is in a less favorable or more disadvantageous position than before.

International Trade

entails the exchange of goods and services across international borders or territories, influenced by comparative advantages, exchange rates, and global economic policies.