U)SFirms That Sell Products in Foreign Markets Protested the "Buy

question 61

Multiple Choice

U) S.firms that sell products in foreign markets protested the "Buy American" provision in the 2009 stimulus bill,arguing that if the United States restricted imports from foreign firms,

• A) foreign countries would likely retaliate by limiting U.S. exports.
• B) foreign firms would stop selling all products in the United States.
• C) U.S. firms would never be able to meet the increased demand for U.S.-produced goods.
• D) eventually the government would demand price cuts from U.S. manufacturers.

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Definitions:

Validity

The degree to which a test or measurement accurately reflects or assesses the specific concept that it is intended to measure.

Reliability

The degree to which an assessment tool or measurement produces stable and consistent results over repeated applications or observations.

Probability Sample

A sampling method in which every member of the population has a known and non-zero chance of being selected.

Experimental Research

A research methodology that tests hypotheses and establishes cause-and-effect relationships through controlled testing and observation.