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miks miks
wrote...
Posts: 474
5 years ago

Question 1.

U.S. job losses cited by anti-trade critics

• are non-existent.

• affect only capital-intensive U.S. industries.

• are mostly due to poor training by U.S. firms.

• are mostly a short-term problem in isolated industries.

Question 2.

Using trade restrictions to protect special interests such as the U.S. auto industry

• is a very cost-efficient way of dealing with trade problems.

• raises the prices that U.S. consumers must pay for autos.

• results in lower prices for U.S. auto consumers.

• is the best long-term solution for threatened U.S. jobs.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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Answer verified by a subject expert
shamanieshamanie
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Posts: 370
5 years ago
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miks Author
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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This site is awesome
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Just got PERFECT on my quiz
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