If It Is Desirable to Enhance the Incomes of Factors

question 47

True/False

If it is desirable to enhance the incomes of factors used intensively in the import-competing industry, then a tariff would actually lower national welfare.

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Definitions:

Stratified Squamous

A type of epithelial tissue composed of multiple layers of cells, with the outermost layer being flat and scale-like.

Carbonic Anhydrase Inhibitors

A class of pharmaceuticals that slow the formation of bicarbonate ions, thus reducing the transport of carbon dioxide in the blood.

Reabsorption

The process by which substances are taken back into the bloodstream from the kidneys or other organs.

Atrial Natriuretic Hormone

A hormone secreted by the heart atria that regulates blood pressure and fluid balance by affecting water and sodium excretion.