The North American Free Trade Agreement is likely to lead to
a. decreased employment in some U.S. industries.
b. decreased employment in all U.S. industries.
c. increased employment in all U.S. industries.
d. no changes in U.S. employment.
a. decreased employment in some U.S. industries.
You might also like to view...
The supply of loanable funds curve has a positive slope because the
A) lower the real interest rate, the higher the return to saving. B) lower the real interest rate, the lower the return to saving. C) average return in the stock market is directly related to the real interest rate. D) quantity of investment increases when the real interest rate increases. E) higher the real interest rate, the lower the return to saving.
The table above shows some data for Wiland, a country whose currency is the bont. The official settlement balance, net interest income, and net transfers from abroad are zero
a) What is Wiland's imports of goods and services? b) What is Wiland's current account balance? c) What is Wiland's capital account balance? d) What is Wiland's net taxes? e) What is Wiland's private sector balance?
Explain why foreign trade imbalances do not always create problems
Deregulation in railroads, airlines, and telephone service has generally resulted in higher prices.
Answer the following statement true (T) or false (F)