Which of the Following Is Correct

question 22

Multiple Choice

Which of the following is correct?

• A) An increase in the tariff on foreign-produced automobiles will benefit U.S. consumers of domestic cars.
• B) An ongoing result of the North American Free Trade Agreement is that producers in both countries will benefit at the expense of consumers.
• C) The wages of U.S. workers would sharply decline if we traded freely with low-wage countries like India and China.
• D) Exports provide a nation with its primary source of purchasing power used to buy imported goods.

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Definitions:

Emerging Trends

New developments, patterns, or preferences that are gaining popularity and shaping the future of a particular industry or societal behavior.

Evade Responsibility

The act of avoiding or shirking one's duties or obligations, often through deceit or avoidance tactics.

Benoit's Theory

A theory in communication that delineates strategies for image restoration when an individual or organization faces a threat to their reputation.

Restitution

Compensation provided for loss, damage, or injury through the payment of money or by repairing or replacing the item.