Trade Restrictions Imposed in the Name of National Security Have

question 220

Multiple Choice

Trade restrictions imposed in the name of national security have been recommended by protectionists in order to:

• A) develop strong defense-related industries.
• B) avoid dependence on foreign suppliers during wartime.
• C) reduce the necessity of stockpiling strategic supplies.
• D) all of these.

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Definitions:

Output Per Worker

The quantity of goods or services produced divided by the number of workers, indicating the productivity level of labor within an economy.

Technology Level

The current state of technological advancement or development within a society or sector.

Per-worker Production Functions

Per-worker production functions describe the relationship between inputs used per worker (like capital per worker) and the output produced per worker, illustrating productivity.

Upward Shift

describes an increase or improvement in a given metric or condition, often depicted in graphs or charts.