The Argument That Import Restrictions Save Jobs and Promote Prosperity

question 125

Multiple Choice

The argument that import restrictions save jobs and promote prosperity fails to recognize that:

• A) there are no secondary effects of import restrictions.
• B) import restrictions will lower prices in the protected industries.
• C) import restrictions cannot create jobs in any industries.
• D) U.S. imports provide people in other countries with the dollars power required for the purchase of U.S. exports.

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Definitions:

Hemophilia Type A

A genetic disorder caused by missing or defective factor VIII, a clotting protein. This condition leads to excessive bleeding and bruising.

Infectious Agents

Organisms such as viruses, bacteria, fungi, and parasites that can cause disease in their host.

DNA Sequence

The precise order of nucleotides within a DNA molecule, determining the genetic information carried by an organism.

Mutation

A change in the DNA sequence, which can result in new traits or variations within a population and contribute to the evolution of species.