American Trade Policies Tend to

question 19

Multiple Choice

American trade policies tend to

• A)benefit most Americans by reducing the cost of consumer goods but hurt workers in some industries by creating incentives for companies to relocate jobs to foreign countries.
• B)hurt most Americans by increasing the costs of consumer goods but benefit workers in some industries by creating incentives for companies to pay higher wages.
• C)hurt most Americans by increasing the costs of consumer goods and by creating incentives for companies to relocate jobs to foreign countries.
• D)have very little impact on the price of consumer goods or the incentives companies face to relocate jobs to foreign countries.

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Definitions:

Complexity

Referring to the state or quality of being intricate or complicated, often involving numerous interdependent parts or elements.

Purity

The state or quality of being pure, free from contaminants, or possessing a single, unmixed element or nature.

Hertz

The unit of frequency in the International System of Units (SI), representing one cycle per second.

Nanometers

A unit of length in the metric system, equal to one billionth of a meter, commonly used to measure wavelengths of light.