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 97 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?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Effective listening skills demonstrate empathy to the patient and break down barriers to communicati Effective listening skills demonstrate empathy to the patient and break down barriers to communicati
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
A completed CMS-1500 (02/12) claim form. A completed CMS-1500 (02/12) claim form.
Effective Leadership and Management in Nursing Effective Leadership and Management in Nursing
Human Relations: The Art and Science of Building Effective Relationships Human Relations: The Art and Science of Building Effective Relationships
Video: Energy inputs and release in glycolysis Animation

For a complete list of videos, visit our video library