Suppose That Canada Imposed an Import Quota on Beef

question 69

Multiple Choice

Suppose that Canada imposed an import quota on beef.Which statement identifies the most likely results?

• A) Sales of Canadian beef would rise; exports of other industries would increase.
• B) Sales of Canadian beef would rise; exports of other industries would decline.
• C) Sales of Canadian beef would not change; exports of other industries would increase.
• D) Sales of Canadian beef would not change; exports of other industries would decline.

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Definitions:

Conflict Theory

generally focuses on macrolevel or global structures and shows how major patterns of inequality in society produce social stability in some circumstances and social change in others.

Neoliberal Globalization

Is a policy that promotes private control of industry; minimal government interference in the running of the economy; the removal of taxes, tariffs, and restrictive regulations that discourage the international buying and selling of goods and services; and the encouragement of foreign investment.

Social Programs

Government or private initiatives designed to provide assistance and support to specific groups within society, improving access to resources like healthcare, education, and housing.

White Settler Colonialism

A form of colonialism that involves the migration and settlement of white populations on indigenous lands, often leading to displacement, cultural assimilation, and exploitation of native peoples.