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 105 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?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Which wavelengths of light are most effective at photosynthesis? Which wavelengths of light are most effective at photosynthesis?
Evolution of the Sun's luminosity, radius and effective temperature compared to the present Sun Evolution of the Sun's luminosity, radius and effective temperature compared to the present Sun
Labeling of black cohosh: (a) front label with general health claim Labeling of black cohosh: (a) front label with general health claim
Instructions for Completing the CMS-1500 (02/12) Claim Form Continued Instructions for Completing the CMS-1500 (02/12) Claim Form Continued
Environmental Monitoring (EM) - Particle Counter Environmental Monitoring (EM) - Particle Counter
Human Relations: The Art and Science of Building Effective Relationships Human Relations: The Art and Science of Building Effective Relationships
Video: Bacteriophage (Virus) - Mice Experiment

For a complete list of videos, visit our video library