Which of the Following Is the Least Pareto Optimal Tool

question 4

Multiple Choice

Which of the following is the least Pareto optimal tool for offsetting the job displacement caused by international trade?

• A) Place a tariff on imported goods to reduce the job loss.
• B) Compensated displaced workers for their losses.
• C) Provide cost-effective retraining to workers.
• D) Give bonuses to employers hiring the displaced workers.

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Definitions:

Recall

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Nonsense Syllables

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The scientific research focused on understanding how memory works, including processes of encoding, storing, and retrieving information.