What Is an Effective Counter Against the Argument That International

question 120

Multiple Choice

What is an effective counter against the argument that international trade should be restricted to protect domestic jobs?

• A) A more effective policy would be to support the industry with subsidies.
• B) The more diversified the economy, the more stable it is.
• C) Free trade increases the number of jobs in which workers earn higher incomes.
• D) Rent seeking behavior should be encouraged.
• E) Free trade in "green" goods will increase jobs.

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Definitions:

Anonymity

The condition of being anonymous, where an individual's identity is unknown or concealed.

Leadership Dimension

An element or aspect that contributes to the complex role of guiding or directing a group, organization, or nation.

Initiating Structure

Organizing and defining relationships in the group by activities such as assigning specific tasks, specifying procedures to be followed, scheduling work, and clarifying expectations of team members.

Self-fulfilling Prophecy

A belief or expectation that indirectly or directly causes itself to become true, through the behavior it inspires.