Mill's Method of Residues Is Used When Part of an Effect

question 34

Multiple Choice

Mill's method of residues is used when part of an effect (E) can already be explained by certain causal factors (such as a and b) .It provides evidence for an additional causal factor, c, by:

• A)directly observing c causing E
• B)showing that E can still occur in the absence of a or b
• C)showing that E can still occur when both a and b are absent
• D)showing that c is more important than a or b
• E)showing that a and b only explain part of E

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Definitions:

Per-unit Tariff

A type of tax imposed on each unit of imported goods, raising the cost of these goods to the importer.

Per-unit Revenue

The amount of income that is generated for each unit of goods or services sold.

Infant Industry Argument

A protectionist stance arguing that emerging domestic industries should be shielded from foreign competition until they become competitive globally.

Dumping

The practice of selling goods in a foreign market at a price that is below the normal cost in the home market, often considered unfair competition.