A Dislocation Is A(n)

question 50

Multiple Choice

A dislocation is a(n) :

• A) injury.
• B) condition.
• C) poisoning.
• D) adverse reaction.

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Definitions:

Exporting Industries

Industries that produce goods and services that are sold abroad.

Import-Competing Industries

Industries that produce goods and services that are also imported.

Deadweight Loss

The loss in total surplus that occurs whenever an action or a policy reduces the quantity transacted below the efficient market equilibrium quantity.

Tariff

A tax imposed by a government on goods and services imported from other countries, affecting trade.