Trade adjustment assistance is:

A. difficult to implement because claims of injury are easy to make and may be politically difficult to reject.
B. difficult to implement because the adjustment costs of international trade are generally greater than the gains from trade.
C. easy to implement because the adjustment costs of international trade are typically less than the gains from trade.
D. easy to implement because it is easy to identify the few industries genuinely injured by international trade.


Answer: A

Economics

You might also like to view...

A new technology is discovered that results in all new cars producing 50 percent less pollution. The technology costs nothing to produce and cars do not change in price

As a result of the technology, there is a reduction in the number of visits people make to the doctor to complain of breathing difficulties. Which of the following is true? A) Real GDP decreases as a result of fewer doctor services being provided. B) Real GDP is not affected. C) Nominal GDP increases to reflect the improvement in the health of the population. D) Real GDP decreases to reflect the decrease in pollution. E) Nominal GDP does not change and real GDP increases.

Economics

_________________ —a term describing a good in which the quantity demanded rises as income rises, and in which quantity demanded falls as income falls.

a. Complement good b. Inferior good c. Normal good d. Superior good

Economics

As one moves down a straight-line demand curve away from the vertical axis, demand becomes less elastic and then inelastic

a. True b. False Indicate whether the statement is true or false

Economics

Which of the following will cause a decrease in producer surplus?

a. the imposition of a binding price ceiling in the market b. an increase in the number of buyers of the good c. income increases and buyers consider the good to be normal d. the price of a complement decreases

Economics