Suppose a Government Is Facing Accusations of Allowing Domestic Jobs

question 67

Multiple Choice

Suppose a government is facing accusations of allowing domestic jobs to be lost to foreign labor in other countries. How can the government address these concerns?
I. Governments can ensure that unemployment insurance and strong education programs exist to help workers retrain for new jobs.
II. Governments can stress the importance of job creation in those industries that benefit from international trade, and encourage job creation in those industries.
III. Governments can set up extensive trade restrictions to limit the impact of foreign firms on domestic production.

• A) I only
• B) II and III only
• C) I and II only
• D) I, II, and III

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Definitions:

Minimize Exposure

Taking steps to limit one's contact with potentially hazardous substances or situations to reduce risk of harm.

Negative Outcomes

Undesirable or harmful results or effects stemming from an action, decision, or situation.

Quality Procedures

Standardized methods and practices designed to ensure that products or services meet prescribed standards of quality.

Petty Cash Fund

A small amount of cash on hand used for covering minor expenses in an organization.