
Opponents of free trade often want Canada to prohibit the import of goods made in overseas factories that pay wages below the Canadian minimum wage.What will prohibiting such goods likely do
A) cause these factories to pay the Canadian minimum wage
B) increase the rate of technological advance in poor countries so that they can afford to pay higher wages
C) increase poverty in poor countries and benefit Canadian firms that compete with these imports
D) harm Canadian firms that compete with these imports
Correct Answer:
Verified
Q121: Which of the following best describes the
Q122: What is a quota
A)a tax placed on
Q123: Critics of free trade sometimes argue that
Q124: Which of the following are countries that
Q125: Which of the following is NOT an
Q127: Where will workers displaced by trade eventually
Q128: Which of the following is NOT an
Q129: How do many economists feel about protecting
Q130: Which of the following is an argument
Q131: Whereas an export tax allows each firm
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