A More Equal Distribution of Income

question 215

Multiple Choice

A more equal distribution of income

• A)might hurt the incentive to work.
• B)would not hurt the incentive to work.
• C)would be opposed by nearly all Americans.
• D)would hurt the poor.

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Definitions:

General Agreement on Tariffs and Trade

An international trade treaty designed to boost economic recovery by reducing quotas and tariffs.

Free Trade Zones

Designated areas within a country where goods can be imported, handled, manufactured, and exported without direct intervention from customs authorities.

Mercosur

A South American trade bloc established to promote free trade and fluid movement of goods, people, and currency among its member countries.

Trans-Pacific Partnership

A trade agreement among multiple Pacific Rim countries aimed at deepening economic ties, reducing tariffs, and fostering trade to boost growth.