An Economic Structuralist Might Argue That Free Trade

question 1

Multiple Choice

An economic structuralist might argue that free trade

• A) hurts the worker, because it gives more power to the owner.
• B) helps the worker, because it decreases the power of the owner.
• C) is not favorable to the global economy.
• D) is better than outsourcing.

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Definitions:

Null Hypothesis

In statistics, a hypothesis that posits no effect or no difference, and the assumption that any deviations from this are due to chance.

Hypothesis Testing

A method of statistical inference used to decide whether a hypothesis about a parameter in a population is likely to be true, based on sample data.

U.S. Legal System

The U.S. Legal System is the framework of laws and institutions that govern the United States, including federal and state courts, laws, and regulations.

Null Hypothesis

A hypothesis that assumes no statistical significance exists in a set of given observations, typically asserting that no variation or effect is present.