Consider the Following Statement: "Canadians on Average Are Worse Off

question 11

Multiple Choice

Consider the following statement: "Canadians on average are worse off when some manufacturing jobs migrate from Canada to low-wage countries in Central America." This statement is ________ because ________.

• A)correct; the loss of manufacturing jobs leads to permanent income losses in Canada
• B)correct; Canadian firms cannot compete with production in low-wage countries
• C)incorrect; the permanent gains to consumers from lower prices outweigh the temporary losses to the displaced manufacturing workers
• D)incorrect; low-wage countries do not produce manufactured goods
• E)incorrect; there are no Canadians made worse off by such an event

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Definitions:

Leadership

The act of guiding or influencing a group towards achieving a common goal through inspiration, strategy, and direction.

Effective Followers

Individuals who actively support and execute the decisions of their leaders while also thinking critically and offering constructive feedback.

Essential Qualities

Core characteristics or attributes that are considered crucial or fundamental for a particular role, task, or situation.

Alienated Followers

Individuals who feel estranged or disconnected from their leaders and organizations due to perceived power imbalances or unaddressed grievances.