Why Are Economists Sometimes Skeptical About International Labor Standards

question 92

Multiple Choice

Why are economists sometimes skeptical about international labor standards?

• A) They are difficult to enforce.
• B) They create more competition for U.S. workers.
• C) GATT does not allow labor standards.
• D) They may be used as a rationale to protect domestic activities that can no longer compete with imports.

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Definitions:

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A conflict between different sets of ideas, beliefs, or values.

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A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the 1930s to alleviate the effects of the Great Depression.