Which of the Following Best Describes Economists' General Assessment of the Impacts

question 251

Multiple Choice

Which of the following best describes economists' general assessment of the impacts of offshoring?

• A) Offshoring has an overall negative impact on the U.S. economy because of the significant domestic job losses it causes.
• B) Offshoring benefits the U.S. economy by promoting greater specialization and exchange of goods and services based on comparative advantage.
• C) Offshoring provides some cost advantages but generally results in much-lower-quality goods for consumers.
• D) Job losses from offshoring are magnified by job losses in complementary industries.

---

Definitions:

Anther

The part of a flower's stamen that contains the pollen, key in the reproductive process of plants.

Generative Cell

In the development of pollen grains, the cell that divides to form the sperm cells necessary forplant fertilization.

Sepals

The part of a flower that typically acts as a protective covering for the flower in bud form and supports the petals once they bloom.

Outermost Whorl

The outermost circle or arrangement of parts in a flower, typically consisting of sepals.