Which of the Following Policy Objectives Can Sometimes Lead a Government

question 71

Multiple Choice

Which of the following policy objectives can sometimes lead a government of a small economy to rationally oppose free trade?

• A)to protect against low- wage labour from abroad
• B)to raise average living standards
• C)to maximize national income
• D)to diversify production in the domestic economy
• E)to prevent domestic currency from going abroad

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Definitions:

Segregation

The enforced separation of different racial groups within a country, community, or institution.

Immigrant Status

Refers to the legal condition or position held by an immigrant in a host country, determining their rights, obligations, and eligibility for citizenship or residency.

Foreign Nationals

Individuals who are citizens of a country other than the one in which they are currently living or visiting.