The Argument That Foreign Trade Should Be Restricted to Protect

question 86

Multiple Choice

The argument that foreign trade should be restricted to protect domestic employment and output is based on the idea that:

• A) consumers are willing to pay higher prices for domestic goods.
• B) producers will not exploit reduced foreign competition by charging higher prices.
• C) foreign companies are more costly to deal with than domestic companies.
• D) sales of imports come at the expense of domestic goods and jobs.

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Definitions:

Discrimination in Employment

Unfair treatment of employees or job applicants based on race, color, gender, nationality, religion, age, disability, or sexual orientation.

Canadian Charter of Rights and Freedoms

Federal law enacted in 1982, guaranteeing individuals equal rights before the law.

Human Resource Managers

Professionals responsible for overseeing various functions within an organization, including hiring, training, and employee relations.

Canadian Charter of Rights and Freedoms

A foundational legal document in Canada that guarantees fundamental freedoms and rights to its citizens under the constitution.