One of the main reasons that people want to limit imports is the
A. fear that imports will decrease the income of Americans.
B. idea that cheap foreign labor destroys American jobs.
C. concept that if trade benefits another country, it must harm the United States.
D. All of the above are correct.
Answer: D
You might also like to view...
Money solves the dilemma of a double coincidence of wants by serving as a
A) unit of account. B) medium of exchange. C) symbol of value. D) store of value.
Income taxes and property taxes generate the highest tax revenue for state and local governments
a. True b. False Indicate whether the statement is true or false
Rory receives, from an insurance company, a payment of $5,000 each year, and he will continue to receive these payments until he dies. This series of payments is called a(n)
a. portfolio. b. bond. c. dividend. d. annuity.
The Lorenz curve showing perfect income equality would be
A. I.
B. J.
C. K.
D. L.