If There Are Large Disparities in Wage Levels Between Countries

question 8

Multiple Choice

If there are large disparities in wage levels between countries, then

• A) trade is likely to be harmful to both countries.
• B) trade is likely to be harmful to the country with the high wages.
• C) trade is likely to be harmful to the country with the low wages.
• D) trade is likely to be harmful to neither country.
• E) trade is likely to have no effect on either country.

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Definitions:

Hugo Münsterberg

A German-American psychologist known for his pioneering work in applied psychology, particularly in the fields of industrial and organizational psychology.

Wilhelm Wundt

A German physiologist and philosopher, widely regarded as the father of experimental psychology.

Industrial Psychology

The scientific study of human behavior in the workplace and applies psychological theories and principles to organizations.

1964 Civil Rights Act

This landmark piece of legislation in the United States outlawed discrimination based on race, color, religion, sex, or national origin, significantly influencing the country's civil rights movement.