This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is an effective counter argument to the claim that protectionism saves ... (Read 100 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
on: Jun 29, 2018
Which of the following is an effective counter argument to the claim that protectionism saves domestic jobs?
 
  A) Protectionism eliminates domestic jobs in export industries.
  B) Imports create jobs in this country for people selling and servicing imported items.
  C) The cost of saving domestic jobs through protectionism may be high.
  D) all of the above

Question 2

In the table above, the market is in equilibrium. Then a minimum wage is set at 11 per hour. The number of workers who lose their jobs will be
 
  A) 0.
  B) 1 million.
  C) 3 million.
  D) 5 million.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

brittanywood

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


rosent76

  • Hero Member
  • *****
  • Posts: 516
Reply #2 on: Jun 29, 2018
Thank you :)


brittanywood

  • Sr. Member
  • ****
  • Posts: 355
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

The moray eel meets its energy and nutrient needs by being an effective predator. The moray eel meets its energy and nutrient needs by being an effective predator.
A fire safety plan like RACE saves lives. A fire safety plan like RACE saves lives.
Instructions for Completing the CMS-1500 (02/12) Claim Form Continued Instructions for Completing the CMS-1500 (02/12) Claim Form Continued
Instructions for Completing the CMS-1500 (02/12) Claim Form Continued Instructions for Completing the CMS-1500 (02/12) Claim Form Continued
Food vs Cash: Which Is More Effective for Alleviating Hunger? Food vs Cash: Which Is More Effective for Alleviating Hunger?
Foundations of American Education: Becoming Effective Teachers in Challenging Times Foundations of American Education: Becoming Effective Teachers in Challenging Times
Video: Vasectomy

For a complete list of videos, visit our video library