Which of the Following Are Reasons Economists Consider Valid for Trade

question 85

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 the United States.

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

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Dependent

In various contexts, it refers to something that relies on or is determined by another factor, such as a variable in programming or mathematics.

Replace

A feature in software applications that allows the user to search for and replace specific text, numbers, or formats within a document.

Function

In computing and programming, a sequence of code executed to perform a specific task and often returns a value.

Formula

A formula is an expression entered into a spreadsheet cell to calculate a value based on the data in other cells.