Which of the Following Are Reasons Economists Consider Valid for Trade

question 52

Multiple Choice

Which of the following are reasons economists consider valid for trade protection? I.Protection penalizes countries that have weak environmental standards.
II.Protection limits dumping of low-wage jobs into the domestic economy.
III.Protection prevents low-wage jobs in foreign countries from lowering wages in Canada.

• A)I and II
• B)II and III
• C)I,II,and III
• D)I and III
• E)None of the above

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Definitions:

Durability

The ability of a product or material to withstand wear, pressure, or damage, maintaining its functionality over time.

Always The Boss

A colloquial term possibly referring to an individual who maintains authority or control in various situations consistently.

Emotional Withdrawal

The process of distancing oneself emotionally from others or from a situation, often as a coping mechanism for stress or discomfort.

Organizational Culture

The shared values, beliefs, and norms that influence the way individuals within an organization interact with each other and with stakeholders.