A Sudden Shift from Import Tariffs to Free Trade May

question 53

Multiple Choice

A sudden shift from import tariffs to free trade may induce short-term unemployment in:

• A) Import-competing industries
• B) Industries that are only exporters
• C) Industries that sell domestically as well as export
• D) Industries that neither import nor export

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Definitions:

Receptor Lipids

Lipid molecules that reside in cell membranes and have the capability to bind specific ligands, thereby initiating a cellular response.

Otoliths

Small, calcified structures found within the inner ear of vertebrates, aiding in balance and spatial orientation.

Otolithic Membrane

A structure found in the vestibular system of the inner ear, involved in sensing gravity and motion.

Gravitational Equilibrium

Maintenance of balance when the head and body are motionless.