If Higher Labor Standards Were Implemented as a Condition for Support

question 196

Multiple Choice

If higher labor standards were implemented as a condition for support of more liberal trade rules of the World Trade Organization, such policies could

• A) help labor in advanced countries but harm labor in developing countries.
• B) help labor in developing countries but harm labor in advanced countries.
• C) help labor in advanced countries and developing countries.
• D) harm labor in advanced countries and developing countries.

---

Definitions:

Machine-Hours

A measure of production output or used capacity based on the number of hours machines are operated.

Spending Variance

The difference between the actual amount spent and the budgeted amount for a particular period, used in budget control and analysis.

Patient-Visits

The number of times patients visit a healthcare provider or facility for treatment or consultation.

Static Budget

A budget that does not change or adjust in response to variations in business activity levels.