The No Child Left Behind Act

question 52

Multiple Choice

The No Child Left Behind Act

• A)was championed primarily by president Bill Clinton.
• B)offers,but does not require,the chance for schools to receive additional funding if they submit to nationally standardized testing in reading,math,and science.
• C)ties federal funding to national test results in reading,math,and science.
• D)offers increased federal funding to schools that show poor testing performance after three years.
• E)cuts school funding for those schools that show no improvement in test scores after one year.

Comprehend the principle of comparative advantage and its relevance to international trade.

Identify and discuss the reasons and implications of offshoring production activities.

Analyze the costs and effects of tariffs and quotas on international trade.

Examine the major imports and exports of the United States and their significance in global trade.

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Definitions:

Environmental Standards

Rules established by a government to protect the environment by specifying actions by producers and consumers.

Pollution Reduction

The process of decreasing or eliminating the release of pollutants into the environment, typically involving regulations and technologies aimed at clean air, water, and soil.

Minimum Cost

The lowest possible expense at which a company can produce a good or service without sacrificing quality.

Efficient Amount

The quantity of a good or service that maximizes social welfare, where marginal benefits equal marginal costs.