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Which of the Following Are Reasons Most Economists Consider Valid

question 28

Multiple Choice

Which of the following are reasons most economists consider valid for trade protection? I. Protection penalizes countries that have weak environmental standards.
II) Protection limits dumping of low-wage jobs into the domestic economy.
III) Protection prevents low-wage jobs in foreign countries from lowering wages in the United States.


Definitions:

Relaxation Exercises

Techniques or activities designed to reduce stress and induce a state of calm.

Yerkes-Dodson Law

A theory suggesting there is an optimal level of arousal for the best performance of a task: too little or too much arousal can decrease performance.

Physical Arousal

The physiological state of being alert and engaged, often including increased heart rate, blood pressure, and sensory alertness.

Yerkes-Dodson Law

A psychological principle that suggests there is an optimal level of arousal for performance, and that too little or too much arousal can negatively affect task performance.

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