Ideally, a free trade policy should be accompanied by
a. a public education program to make the benefits known.
b. open borders and amnesty for all undocumented workers.
c. programs to ensure no one loses a job as a result of foreign competition.
d. programs to assist workers who lose their jobs to foreign competition.
d
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Refer to Table 29-3. Given the following exchange rates in the above table, what are the exchange rates stated as U.S. dollars per Danish krone and U.S. dollars per EU euro respectively?
A) 2.00 dollars per krone and 7.14 dollars per euro B) 0.02 dollars per krone and 0.70 dollars per euro C) 0.20 dollars per krone and 1.43 dollars per euro D) 0.05 dollars per krone and 1.30 dollars per euro
(Select the best answer): The introduction of hybrid varieties of corn had a major influence in:
a. Increasing population density b. Increasing land in production c. Increasing yields per unit land d. Increasing agricultural trade
An increase in input prices will cause
A. AD to decrease (move to the left). B. AD to increase (move to the right). C. AS to decrease (move up and to the left). D. AS to increase (move down and to the right).
Discouraged workers:
a. would increase unemployment rate if they were added to the number of unemployed workers. b. are counted as one-half of a worker in the unemployment statistics. c. are counted as unemployed workers when the unemployment rate is calculated. d. are not included in the calculation of the unemployment rate, the labor force, or the working-age population e. would decrease the unemployment rate if they were added to the number of unemployed workers.