Trade Restrictions That Limit the Sale of Low-Price Foreign Goods

question 162

Multiple Choice

Trade restrictions that limit the sale of low-price foreign goods in the U.S. market

• A) increase the real income of Americans.
• B) benefit domestic producers in the protected industries at the expense of consumers and domestic producers in export industries.
• C) help channel more of our resources into producing goods for which we are a low-cost producer.
• D) reduce unemployment and increase the productivity of American workers.

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Definitions:

Neandertals

Extinct species or subspecies of archaic humans who lived in Eurasia until about 40,000 years ago, known for their distinct morphology and DNA differences from modern humans.

Human Evolution

The lengthy process of change by which people originated from apelike ancestors, characterized by developments in physical form and behavior.

Dead-End

A situation, place, or method that offers no possibility of further progress.

Atlatl

The atlatl is an ancient weapon used for throwing spears or darts, consisting of a shaft with a cup or spur at the end that propelled the spear with greater force.