Which of the Following Is a Likely Result of a Country

question 69

Multiple Choice

Which of the following is a likely result of a country engaging in free trade?

• A)Jobs are lost in the export sector
• B)Jobs are gained in the import sector
• C)The price of imports falls
• D)Product variety decreases
• E)All of the above

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Definitions:

Nursing Homes

Facilities for the elderly or disabled that provide a range of medical and personal care services.

Medicare

A federal health insurance program in the United States for people who are 65 or older, as well as for some younger people with disabilities.

Cooptation

A strategy by which members of a group are absorbed or assimilated to quell dissent and secure authority.

Hospices

Specialized care facilities or services that provide support and care for those in the final phase of a terminal illness, focusing on comfort and quality of life.