Which of the Following Are Valid Reasons Advanced by Almost

question 150

Multiple Choice

Which of the following are valid reasons advanced by almost all economists? Protectionism

• A) saves jobs.
• B) prevents rich countries from exploiting poorer countries.
• C) is a good way for governments in developed nations to raise revenue.
• D) Economists would not support any of the above reasons.

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Definitions:

Information-Processing

The manner in which individuals perceive, analyze, manipulate, and store information.

Computer

An electronic device capable of processing, storing, and retrieving data, performing calculations, and executing programmed instructions.

Inventions

Unique or novel devices, methods, or processes that result from study and experimentation.

Schemes

In cognitive development, structured patterns of thought or behavior that individuals use to make sense of their experiences, often evolving with new information.