Increasing Wage Inequality Results When International Trade Leads to ________

question 57

Multiple Choice

Increasing wage inequality results when international trade leads to ________ wages for workers in exporting industries and ________ wages for workers in importing industries.

• A)higher; higher
• B)higher; lower
• C)lower; no change in
• D)lower; higher

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Definitions:

Derivative Suit

A lawsuit brought by shareholders on behalf of the corporation.

Direct Injury

A physical or emotional harm caused directly by an incident or action without intermediate steps.

Quorum

The minimum number of members who must be present at a meeting to make the proceedings of that meeting valid.

Directors

Individuals elected by shareholders to manage and oversee the affairs of a corporation, forming its board.