Multiple Choice
The reason that average labor costs are higher in the United States than in Haiti is that
A) workers are more productive in the United States.
B) U.S. workers have a comparative advantage.
C) Haitian workers have a comparative advantage.
D) Haitian workers do not have union representation.
Correct Answer:
Verified
Correct Answer:
Verified
Q109: Usually the removal of trade barriers affecting
Q110: Which of the following statements is TRUE?<br>A)
Q111: in 2013 the U.S. government imposed a
Q112: In 2013 the United States reduced the
Q113: The Smoot-Hawley Act was enacted in<br>A) 1980.<br>B)
Q115: How does a tariff affect the government's
Q116: In 2013 the United States reduced the
Q117: What is dumping?
Q118: Voluntary export restraints (VERs)<br>A) do not protect
Q119: A tariff will benefit<br>A) domestic producers by