Multiple Choice
Using calculations of the cost to Americans per job saved in protected industries, it can be concluded that
A) import quotas are an efficient way to redistribute income.
B) each job saved is worth more than the cost imposed on consumers per job saved.
C) each job saved is worth less than the cost imposed on consumers per job saved.
D) tariffs are an efficient way to redistribute income to disadvantaged groups.
Correct Answer:

Verified
Correct Answer:
Verified
Q189: Reducing a tariff will _ the domestic
Q190: If the United States imposes a tariff
Q191: A tariff hurts<br>A) the government by decreasing
Q192: During 2005-2006 Europe imported more than $70
Q193: If the United States imposes a tariff
Q195: Import quotas<br>A) encourage freer trade.<br>B) are a
Q196: Suppose the country of Mooland imposes tariffs
Q197: An assumption behind the infant-industry argument for
Q198: Which of the following statements about U.S.
Q199: A U.S. tariff on textiles would _