Workers in Industries Protected by Tariffs and Quotas Are Likely

question 95

Multiple Choice

Workers in industries protected by tariffs and quotas are likely to support these trade restrictions because

• A)they do not want to offend their employers who want them.
• B)politicians lobby to convince workers the restrictions will make them better off.
• C)they believe the restrictions will protect their jobs.
• D)they don't understand that the restrictions will threaten their jobs.

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Definitions:

USSR

The USSR (Union of Soviet Socialist Republics) was a socialist state in Eurasia that existed from 1922 to 1991, comprising multiple republics including Russia.

Democratic Socialist

A socio-political ideology advocating for democratic means to achieve and maintain a socialist economic system, where there is significant public or collective ownership of the means of production.

Corporate Ownership

Pertains to the ownership structure of corporations, typically through shares held by individuals or other companies.

Individual Ownership

Pertains to the legal rights of a single individual to possess, use, and dispose of property or assets.