Which of the Following Are Reasons Economists Consider Valid for Trade

question 48

Multiple Choice

Which of the following are reasons economists consider valid for trade protection? I.Protection penalizes countries that have weak environmental standards.
II.Protection limits dumping of low- wage jobs into the domestic economy.
III.Protection prevents low- wage jobs in foreign countries from lowering wages in Canada.

• A)II and III
• B)I and II
• C)I and III
• D)I, II, and III
• E)None of the above

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Definitions:

Systemic Circulation

The part of the cardiovascular system that carries oxygenated blood away from the heart to the body, and returns deoxygenated blood back to the heart.

Inferior Vena Cava

In humans, a very large vein that delivers blood from the lower part of the body to the right atrium. Compare with superior vena cava.

Right Common Iliac Artery

A major blood vessel that bifurcates from the abdominal aorta, supplying blood to the right lower limb and pelvic organs.

Blood Clotting

A biological mechanism wherein blood cells and fibrin strands form a clot to stop bleeding and begin repair of the damaged vessel.