We're always encouraged to "buy domestic.". It is politically popular to support policies that limit import competition and reduce the number of jobs that are outsourced to other countries. According to liberal economic trade theory, however, these policies and the accompanying encouragement to buy domestic-made goods are actually harming our overall welfare in the long-run. Explain why liberal
theory knows this to be true. Do you agree with the conclusions of liberal theory? If not, why?
What will be an ideal response?
Protectionism are barriers to foreign trade, such as tariffs and quotas, that protect local
industries from foreign competition. Nontariff barriers (NTBs)are measures other than
tariffs that discriminate against imports without direct tax levies and are beyond the
scope of international regulation.
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Compulsory voting
a. is used in some nondemocratic systems, but is not used at all in democratic systems. b. tends to increase voter turnout. c. is defined as the set of voting procedures used in single transferable vote elections. d. is defined as prospective voting.
Demonstrations by Tea Party protesters and other supporters indicated their dislike of government spending, health care reform legislation, and similar government programs on both sides of the aisle. In this case, the ideas expressed are an example of which of the following?
A. Consensus opinion B. Divisive opinion C. Negative opinion D. Nonopinion E. Polarity opinion
The real key to success in lobbying is the
a. integrity of the lobbyist. b. ability to organize grassroots activities and gain votes. c. campaign contributions or independent spending for candidates. d. ability to hire former government officials and Congress members.
Until the early twentieth century, delegates were chosen by
a. popular vote. b. the president. c. a majority vote in the Senate. d. a majority vote in the House. e. state party leaders.