Multiple Choice
A program of protection that results in preserving jobs in certain industries
A) raises average productivity in all sectors of the economy.
B) does so at very high cost to consumers of the products from those industries.
C) is an efficient way to preserve employment and is cheaper than other forms of maintaining full employment.
D) is an effective way of encouraging innovation and improvement in production.
Correct Answer:
Verified
Correct Answer:
Verified
Q78: Is it possible for a country to
Q84: Comparing international trade with trade among the
Q85: Are there impediments to international movement of
Q86: If Japan imposes a quota on imports
Q87: If a nation does not have an
Q88: Unequal distribution of resources is one of
Q90: An export subsidy is a payment by
Q91: _ is a doctrine that holds that
Q92: In the long run, foreign labor remains
Q93: If the supply curve of a commodity