The quantitative importance of U.S. protection of the domestic clothing industry is best explained by the fact that
A) this industry is an important employer of highly skilled labor.
B) this industry is an important employer of low skilled labor.
C) most of the exporters of clothing into the U.S. are poor countries.
D) this industry is a politically well-organized sector in the U.S.
E) the technology involved is very advanced.
Correct Answer:
Verified
Q23: The fact that trade policy often imposes
Q24: The U.S. producer Boeing, and the European
Q25: When the U.S. placed tariffs on French
Q26: The median voter model
A) works well in
Q27: The General Agreement on Tariffs and Trade
Q29: The General Agreement on Tariffs and Trade
Q30: Protectionism tends to be concentrated in two
Q31: A game-theory explanation of the paradox that
Q32: Presumably, since the United States is a
Q33: Today U.S. protectionism is concentrated in
A) high-tech
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents