Evidence Indicates That Tariffs and Quotas Are

question 34

Multiple Choice

Evidence indicates that tariffs and quotas are

• A) beneficial for producers in a protected industry,but not beneficial for the workers in the industry.
• B) beneficial for producers in a protected industry,but not beneficial for consumers.
• C) beneficial for workers in a protected industry,but not beneficial for consumers.
• D) not beneficial for the workers in a protected industry or for consumers.
• E) b and c

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Definitions:

Item Selection

The process of choosing questions or tasks for a test or questionnaire to ensure its validity and reliability.

Factor Analytic Technique

A statistical method used to describe variability among observed, correlated variables in terms of potentially lower number of unobserved variables, called factors.

Test Construction

The process of developing a test that accurately measures what it is intended to measure, with reliability and validity.

Factor Analytic Approach

A statistical method used in psychology to identify clusters of related items (factors) on tests or surveys, revealing underlying variables.