It Has Been Suggested That in Order to Protect U

question 223

Multiple Choice

It has been suggested that in order to protect U.S. jobs we need to restrict foreign competition by restricting imports.

• A) This is a sound economic statement since the U.S. will still export protecting U.S. jobs.
• B) This is a sound economic statement since U.S. firms will have to increase output to make up for the lack of imports leading to increase employment in the U.S.
• C) This is not a sound economic statement since employment in the U.S. does not depend on imports and exports.
• D) This is not a sound economic statement since import restrictions lead to a reduction in employment in the export industries of the U.S.

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Definitions:

Senior Executives

High-level officials or managers in an organization who are responsible for making major decisions.

Talent

An individual's natural ability or aptitude in a particular field or discipline.

Absenteeism

The habitual non-presence of an employee at their job, often leading to disruptions in work and requiring management attention.

Poor Leadership

The lack of effective leadership skills and abilities that results in failing to guide or inspire teams towards achieving organizational goals.