When the Demand for Products Competing with Imports

question 99

Multiple Choice

When the demand for products competing with imports
Falls, demand for the specific factors used in their
Production falls and:

• A)the relative prices (earnings) of these specific factors will fall disproportionally.
• B)the relative prices (earnings) of these specific factors will rise disproportionally.
• C)the relative prices (earnings) of these specific factors will fall by the same rate as for all resources.
• D)the employment of these specific factors will rise disproportionally.

---

Definitions:

Related

Being connected or associated with, especially by blood or marriage, or in context, pertaining to related subjects or themes.

Self-reliant Children

Children who have developed the ability to depend on their own skills and resources for solving problems and meeting needs.

Self-control

The capacity to control one's feelings, ideas, and actions when confronted with urges and impulses.

Authoritative

Pertaining to a source of information or control that is recognized for its reliability and accuracy.