The Argument That Import Restrictions Save Jobs and Promote Prosperity

question 125

Multiple Choice

The argument that import restrictions save jobs and promote prosperity fails to recognize that:

• A) there are no secondary effects of import restrictions.
• B) import restrictions will lower prices in the protected industries.
• C) import restrictions cannot create jobs in any industries.
• D) U.S. imports provide people in other countries with the dollars power required for the purchase of U.S. exports.

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Definitions:

Coping Skills

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Bipolar Disorder

A psychiatric condition characterized by extreme mood swings from manic highs to depressive lows.

Lithium

A chemical element used as a medication primarily for bipolar disorder, helping to stabilize mood and reduce the extremes of mania and depression.

Selective Serotonin Reuptake Inhibitor

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