Excessive Dependence on Cheap Foreign Imports Can Cause A(n)________ in Certain

question 42

Multiple Choice

Excessive dependence on cheap foreign imports can cause a(n) ________ in certain sectors of the economy.

• A) left shift in the domestic labor demand curve
• B) right shift in the domestic labor demand curve
• C) downward movement along the domestic labor demand curve
• D) upward movement along the domestic labor demand curve

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Definitions:

Tender Offer

An offer to purchase made by one company directly to the shareholders of another (target) company; often referred to as a “takeover bid.”

Target Company's Management

The executive and senior officers responsible for operating and making strategic decisions for a company that is being considered for acquisition or merger.

Merger

The combining of two or more entities into one, through either the acquisition of one by another or the consolidation of both into a new entity.

Building Corporation

A company engaged in the construction of buildings, ranging from residential to commercial projects.