"Protection" Is Designed to Help

question 101

Multiple Choice

"Protection" is designed to help

• A)firms whose relative inefficiency does not permit successful competition with imports.
• B)workers who have very high productivity, and cannot survive against low-paid foreign workers.
• C)government that needs revenue from tariffs and quotas to cover government spending.
• D)firms that are highly efficient and cannot survive against low-price foreign imports.

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Definitions:

Trend Analysis

Trend Analysis is a statistical technique used to identify patterns or trends in data over time to predict future movements.

William Stern

A psychologist known for his work in intelligence and the development of the intelligence quotient (IQ) formula.

Intelligence Quotient

A measure of a person's intelligence as indicated by an intelligence test, expressed as a ratio of the individual's mental age to their chronological age then multiplied by 100.

Charles Spearman

A psychologist known for his work in statistics and intelligence, including the concept of general intelligence, or "g factor."