Which of the Following Is NOT a Criticism That Organized

question 17

Multiple Choice

Which of the following is NOT a criticism that organized labor in the United States levels at U.S.MNCs?

• A) They export U.S.technology to exploit low-cost foreign labor,depriving U.S.workers of the benefits of this technology.
• B) Their foreign investments deplete capital resources available for investment in the U.S.economy.
• C) They substitute imports from their low-cost foreign operations for American-made goods.
• D) They displace exports of American-made goods by producing cheaper goods for foreign markets using low-cost foreign labor.
• E) Prohibition of the use of strikes.

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Definitions:

Medicaid

A social health care program for families and individuals with low income and resources, principally funded by the federal government and the states.

Government Subsidies

Financial assistance provided by the government to individuals, organizations, or industries to encourage or support certain activities or reduce their costs.

Health-Care Services

Services provided to individuals or communities by health professionals for the purpose of promoting, maintaining, monitoring, or restoring health.

Inelastic

Describing a situation in which the quantity demanded or supplied of a good or service is relatively unresponsive to changes in price.