Using calculations of the cost to Americans per job saved in protected industries, it can be concluded that
A) each job saved is worth less than the cost imposed on consumers per job saved.
B) import quotas are an efficient way to redistribute income.
C) each job saved is worth more than the cost imposed on consumers per job saved.
D) tariffs are an efficient way to redistribute income to disadvantaged groups.
Correct Answer:
Verified
Q115: Which of the following is an explanation
Q116: The argument that protection _.
A) allows us
Q117: Which of the following is an effective
Q118: Some observers opposing free trade argue that
Q119: In industrial countries, there is more reliance
Q121: One reason that international trade is restricted
Q122: Selling a product in a foreign nation
Q123: The reason tariffs and quotas are imposed
Q124: Between August 2007 and July 2008, Brazil
Q125: The gains from free trade are enjoyed
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