Economists David Autor, David Dorn, and Gordon Hanson investigated the effects of trade with China on blue-collar American jobs. Which statement reflects their findings?
a. Blue-collar jobs are most affected in industries where China has a comparative advantage.
b. Trade with China has resulted in widespread loss of blue-collar jobs across the U.S.
c. Trade with China has not resulted in a loss of American jobs.
d. American labor markets have been responsive and flexible in response to globalization and trade with China.
a. Blue-collar jobs are most affected in industries where China has a comparative advantage.
You might also like to view...
Mason Corporation had $650,000 in invested assets, sales of $700,000, income from operations amounting to $99,000, and a desired minimum rate of return of 15%. The investment turnover for Mason is:
A) 1.08 B) .93 C) 6.57 D) 7.07
AMS, Inc. is a factory located in Norfolk, Virginia that uses chemicals like lead and arsenic in its production process. It discharges the waste products associated with its manufacturing process into the Atlantic Ocean. From the information provided, it can be inferred that ________.
A. AMS, Inc. is an electrical goods manufacturing company B. AMS, Inc. is using radioactive materials in its production process C. AMS, Inc. is likely to face corrective action by the U.S. Army Corps of Engineers D. AMS, Inc. is a stationary source of pollution
In general, an outside retail auditor is most appropriate when the objectivity of company-based personnel may be questioned
Indicate whether the statement is true or false
Which of the following would not be included in the appendixes of a business plan?
A) Managers' résumés B) Sales forecasts and anticipated cash flow C) Promotional materials and product photos D) A realistic start-up budget