Economists Usually Agree with Which of the Following Arguments That

question 24

Multiple Choice

Economists usually agree with which of the following arguments that favour protectionism?

• A)the competition with cheap foreign labour defence
• B)the job protection defence
• C)the dumping defence
• D)the infant-industry defence
• E)None of the above.Economists generally agree that arguments in favor of protection are flawed.

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Definitions:

Performance-Based Rewards

Incentives and benefits given to employees based on the quality and quantity of their work performance.

Share Options

A benefit given by a company, allowing employees to purchase company shares at a set price in the future.

Competency-Based Rewards

Incentives and recognition given to employees based on their demonstrated skills, abilities, and achievements, rather than job titles or seniority.

Employability

Refers to the skills, knowledge, and abilities that make a person suitable for a particular job or career.