Economists Would Tend to Accept Which of the Following Arguments

question 17

Multiple Choice

Economists would tend to accept which of the following arguments in favour of tariffs?

• A)Tariffs are needed to avoid exporting jobs.
• B)Tariffs are needed to limit imports and reduce the capital flow from the country.
• C)Tariffs help to reduce inflation by reducing the price of domestic products.
• D)Temporary tariff protection in some situations may help to generate an eventual comparative advantage in that product.
• E)Tariffs will stimulate the domestic economy.

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Definitions:

Nursing Theorist

An individual who contributes to the theoretical foundation of nursing practice through model and theory development, aiming to improve patient care.

Theory

A systematic ideational structure of broad scope, conceived by the human mind, that aims to explain phenomena by deducing propositions from a set of principles.

Florence Nightingale

An English social reformer and statistician, and the founder of modern nursing, known for her pioneering work in nursing during the Crimean War and her subsequent influence on nursing practices worldwide.

Invented

Created or designed something that did not previously exist through innovation or imagination.