Which of the Following Is the Least Pareto Optimal Tool

question 33

Multiple Choice

Which of the following is the least Pareto optimal tool for offsetting the job displacement caused by international trade?

• A) Place a tariff on imported goods to reduce the job loss.
• B) Compensate displaced workers for their losses.
• C) Provide cost-effective retraining to workers.
• D) Give bonuses to employers hiring displaced workers.

---

Definitions:

Diagnostic

Pertaining to the identification of the nature or cause of a health problem, often through evaluation of symptoms and tests.

Statistical

Pertaining to the use of statistics or the methodology of collecting, analyzing, interpreting, and presenting numerical data.

Clusters

Groups or collections of similar things or people, often identified through certain algorithms or criteria.

Dramatic

Pertaining to drama or performance, or characterized by emotional, exciting, or unexpected events or circumstances.