Which statement is true?

A) Frederic Bastiat's "Petition of the Candlemakers to Shut Out the Sun" was a plea for free trade.
B) Frederic Bastiat's "Petition of the Candlemakers to Shut Out the Sun" was a plea for protection.
C) Dollars are used for all international transactions.
D) None of the statements is true.

Frederic Bastiat

A French economist and writer known for his theories on free markets and the unseen economic consequences of government intervention.

Free Trade

An economic policy that allows imports and exports between countries with minimal or no tariffs, quotas, subsidies, or prohibitions to encourage international trade.

Protection

Policies or measures taken by a government to shield its domestic industries from foreign competition, often involving tariffs or quotas.