Multiple Choice
Labor unions in the United States were generally pro-free trade in the 1950s and 1960s.They became concerned about free trade when
A) they negotiated wages and benefits above those in a competitive market.
B) they realized that their members faced increased competition from producers in other countries.
C) they stopped receiving subsidies from the federal government.
D) they started losing membership.
Correct Answer:

Verified
Correct Answer:
Verified
Q109: With decreasing costs, a country has an
Q110: Relative to Kenya, Japan has relatively higher
Q111: Which of the following is NOT an
Q112: How does Staffan Linder explain world trade
Q113: Explain the impact of factor price equalization
Q115: The existence of transportation costs tends to
Q116: The Leontief Paradox was the first major
Q117: Brazil is labor abundant relative to Germany
Q118: Industrial policy seeks to direct resources to
Q119: The factor-endowment theory asserts that specialization and