Faced with the evidence of poor working conditions and low wages in the border maquiladoras, economists

A) shrug their shoulders and ignore the issue.
B) agree that trade theory is thus proven hollow and internally inconsistent.
C) argue that U.S. consumers should not consume lettuce.
D) argue that the poor conditions and low wages are actually improvements for the Mexican workers, and may be cited as gains-from-trade.
E) argue that Mexico's generally high overall productivity offsets these conditions.


D

Economics

You might also like to view...

_____________ are the glue that holds any business together, refers to a series of events or activities that take place in a specific time and space, also applies to families with shared commitment over time

a. Metro neighbors b. Value chains c. Traditional tasks d. Triad aims

Economics

Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 

A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C

Economics

Real economic growth during the first two years of President George W. Bush's second term was

A. higher than real economic growth during the first two years of President Bill Clinton's second term. B. approximately 8.7% per year. C. negative because of the 2001 recession. D. approximately 3.2% per year.

Economics

In a pure capitalist economy, "what to produce" is determined by

A. government central planning committees. B. the price mechanism. C. the credo: "Each according to his ability, to each according to his needs". D. all of the choices are true.

Economics