The Main Reason for Trade Restrictions Is to

question 257

Multiple Choice

The main reason for trade restrictions is to

• A) improve international relationships.
• B) protect the jobs of workers in industries that are not globally competitive.
• C) leverage each country's comparative advantage.
• D) increase world GDP.

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Definitions:

Telecommute

The practice of working from a remote location, outside of the traditional office, via internet connectivity.

Human Resource Demands

The requirements or needs for human capital within an organization to meet its operational and strategic objectives.

Corporate Strategy

The overall scope and direction of a corporation and the way in which its various business operations work together to achieve particular goals.

Union Contracts

Agreements negotiated between employers and labor unions that outline wages, working conditions, and other employment terms for the workers represented by the unions.