A group opposed to free trade concludes that the total number of domestic jobs will decrease because it estimates that 20,000 jobs will migrate abroad.The actual total loss is:
A) probably greater than 20,000 because of the tariff effect.
B) probably equal to 20,000 because of the import effect.
C) probably greater than 20,000 because of the multiplier effect.
D) less than 20,000 because the estimate ignores the jobs created in the industries that benefit from increased exports.
Correct Answer:
Verified
Q122: Which of the following is an argument
Q124: Which of the following statements is NOT
Q126: Textile workers in the United States would
Q127: Which of the following is NOT a
Q128: Which of the following statements does NOT
Q129: Which of the following statements describes a
Q130: Which of the following is a limitation
Q142: If the United States begins importing motorcycles
Q146: One problem with the infant industry argument
Q225: The solution to dumping is
A) a retaliatory
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