A Group Opposed to Free Trade Concludes That the Total

question 199

Multiple Choice

A group opposed to free trade concludes that the total number of domestic jobs will decrease because it estimates that 20,000 jobs will migrate abroad.The actual total loss is:

• A) probably greater than 20,000 because of the tariff effect.
• B) probably equal to 20,000 because of the import effect.
• C) probably greater than 20,000 because of the multiplier effect.
• D) less than 20,000 because the estimate ignores the jobs created in the industries that benefit from increased exports.

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Definitions:

Electronic Funds Transfers

Electronic Funds Transfers (EFT) are the digital exchange of money from one bank account to another, either within a single financial institution or across multiple institutions, through computer-based systems.

Electronic Funds Transfers

The electronic exchange or transfer of money from one account to another, either within a single financial institution or across multiple institutions.

Bank Reconciliation

The process of comparing a company's bank account balance with its financial records to identify discrepancies and ensure accuracy.

Sign Cheques

The action of signing a check as a means of authorizing a bank to transfer funds from the signer's account.