One main point of Frederic Bastiat's satire is that
A) employment, or jobs, is the single most important measure of the standard of living.
B) we should not try to produce what we can get from others at a lower cost.
C) some industries may reasonably require protection in order to grow.
D) exporting is always a worthwhile activity to be supported and enhanced.
Correct Answer:
Verified
Q288: The so-called eurozone refers to
A) all members
Q300: NAFTA established a free-trade area and eliminated
Q323: How can supply and demand analysis be
Q324: What is the principle of comparative advantage?
Q325: What does it mean to have an
Q325: Globalization of resource markets has resulted in
Q330: State how the world economy can benefit
Q332: How will the difference between the world
Q333: List and describe the four basic types
Q333: "Offshoring" of certain production activities refers to
A)businesses
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