Many Economists Criticize Protectionism Because It Causes Losses to Consumers

question 101

Multiple Choice

Many economists criticize protectionism because it causes losses to consumers and eliminates jobs in domestic industries that use protected products.Why, then, do some people support protectionism?

• A)The criticisms of economists are based on theory. In fact, protectionism increases consumer and producer surplus as well as employment.
• B)Supporters of protectionism in high-income countries believe that wages will fall as a result of competition with firms from developing countries.
• C)Supporters of protectionism believe free trade will cause their countries to lose their comparative advantage.
• D)Supporters of protectionism believe that free trade will lead to inflation.

Analyze and predict the stability of different conformers of cyclohexanes and bicyclic compounds.

Draw Newman projections for molecules, demonstrating an understanding of stereochemical relationships.

Relate molecular conformation to potential energy and rationalize energy differences between conformers.

Recognize and name complex organic structures following IUPAC nomenclature rules.

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Definitions:

Telemetry Monitoring

A tool for monitoring vital signs and electrical activity of the heart remotely using specialized equipment.

Intake And Output

The measurement and monitoring of all liquids entering and exiting the body, used in medical settings to assess patient fluid balance.

Corrosive Product

A substance that can cause destruction or irreversible damage to materials or biological tissues by chemical action at the site of contact.

Edema

Swelling caused by excess fluid trapped in the body's tissues, often affecting the legs, arms, or other areas.