Which Statement Describes One Benefit of Low Foreign Wages

question 102

Multiple Choice

Which statement describes one benefit of low foreign wages?

• A) Domestic jobs are destroyed.
• B) Many domestic workers must be retrained.
• C) Domestic consumers pay lower prices.
• D) Domestic firms that compete with the imports lose profit.

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Definitions:

Disposition

A person’s inherent qualities of mind and character.

Observable Behaviors

Observable behaviors refer to actions or responses of an individual that can be directly seen or measured.

Mental States

The various conditions of the mind, including thoughts, emotions, beliefs, intentions, and perceptions.

Neurological Reflexes

Involuntary and automatic responses of the body to certain stimuli, regulated by the nervous system, crucial for survival and basic functions.