Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
New Topic  
goji.go goji.go
wrote...
Posts: 5977
10 years ago
The cheap foreign labor argument for protectionism relates to ________.
A) an undeveloped domestic industry's workers
B) a lower wage often earned by many foreign workers
C) a trading partner increasing trade barriers on work done by citizens
D) an industry critical to national security being protected from foreign workers
E) selling a product at a price below the price charged in the producing country
Read 6667 times
2 Replies
Diesel
Replies
bbb
wrote...
10 years ago
B) The cheap foreign labor argument centers on the sometimes significantly lower wages paid to workers of foreign companies. How can domestic companies compete with these low wages? Sometimes they can't, which motivates government leaders to impose trade restrictions.
Answer accepted by topic starter
goji.go Authorgoji.go
wrote...
Top Poster
Posts: 5977
10 years ago
Sign in or Sign up in seconds to unlock everything for free
1
Diesel

Related Topics

New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1345 People Browsing
Related Images
  
 293
  
 252
  
 11495
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4