Which Theory Is Supportive of the Idea That Increasing Educational

question 357

Multiple Choice

Which theory is supportive of the idea that increasing educational levels for all workers would raise all workers' productivity and therefore their wages?

• A)the theory of compensating differentials
• B)the efficient-market hypothesis
• C)human-capital theory
• D)signaling theory

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NAFTA

The North American Free Trade Agreement, a treaty between the United States, Canada, and Mexico designed to eliminate most tariffs on trade between them, promoting economic growth.

U.S. Trade

The exchange of goods and services between the United States and other countries, including imports and exports.

Latin American Countries

Nations located in the Americas where Romance languages, primarily Spanish and Portuguese, are spoken.

North American Free Trade Agreement (NAFTA)

A treaty between the United States, Canada, and Mexico that eliminated most tariffs and trade barriers between the countries, effective from 1994 until replaced by the USMCA in 2020.