If Labor-Intensive Textile Products Could Be Produced More Cheaply in Low-Wage

Multiple Choice

If labor-intensive textile products could be produced more cheaply in low-wage countries than in the United States, the United States would gain if it

A) levied a tariff on the goods produced by the cheap foreign labor.
B) subsidized the domestic textile industry so it could compete in international markets.
C) used its resources to produce other items while importing textiles from foreigners.
D) levied a tax on the domestic textile products to penalize the industry for inefficiency.