FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

One reason why protecting domestic jobs is a poor argument against free trade is because the cost of protecting jobs is much higher than the

image text in transcribed

One reason why "protecting domestic jobs" is a poor argument against free trade is because the cost of protecting jobs is much higher than the value of the jobs. there is little evidence that trade protection saves domestic jobs. any outsourcing of jobs from the U S. is completely offset by outsourcing of jobs from other countries. labor in other countries is not priced lower than U S labor

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Auditing

Principles Of Auditing

Authors: O. Ray Whittington, Kurt Pany, Walter B. Meigs

12th Edition

0256167796, 978-0256167795

More Books

Students also viewed these Accounting questions

Question

★★★★★
Caitlin and Wally formed the C & W Partnership on September 20, 2014. Caitlin contributed cash of $195,000, and Wally contributed office furniture with a FMV of $66,000. He bought the furniture for...

Answered: 1 week ago

Question

★★★★★
2.57

Answered: 1 week ago

Question

★★★★★
Relapse prevention is designed to reduce the abstinence violation effectthat is, feelings of guilt, shame, and negative affect following relapse. Instead, adolescents are encouraged to learn from the...

Answered: 1 week ago

Question

★★★★★
Gary Theater is in the Hoosier Mall. A cashier's booth is located near the entrance to the theater. Two cashiers are employed. One works from 1:00 to 5:00 P.M., the other from 5:00 to 9:00 P.M. Each...

Answered: 1 week ago

Question

★★★★★
A manufacturer reports the following costs to produce 23,000 units in its first year of operations: direct materials, $23 per unit, direct labor, $19 per unit, variable overhead, $276,000, and fixed...

Answered: 1 week ago

Question

★★★★★
Please Show Work! Thank you for your Help! Assume a company needs to raise $5,000,000. It issues bonds with a par value of $1,000 per bond. Each bond is convertible into 50 shares of common stock....

Answered: 1 week ago

Question

★★★★★
Answer the question in terms of kN for the last picture no need to do the other ones with the solution. In problem 2-23, a round tube section 3 mm thick was one of the options to prevent buckling. If...

Answered: 1 week ago

Question

★★★★★
Question 1 (6 marks) Two cables are attached to a wall by a pin at O with the tensions in the cables adjusted to 450 N and 500 N as shown in the following diagram. 450N 30 500N Use the method of...

Answered: 1 week ago

Question

★★★★★
Many people have argued that the continuum of processes described by Garvin is outdated and does not apply to digital businesses. Very often digital businesses do not have equipment, or raw material,...

Answered: 1 week ago

Question

★★★★★
Dispatch Software Solutions Tugboats might seem like the last place to look for innovative information technology. But Control Software Group recognized the potential of information technology to...

Answered: 1 week ago

Question

★★★★★
7. Suppose a student has no more than t minutes to write an examination consisting of two questions, 1 and 2. He receives A points if he gets question 1 correct and B points if he gets question 2...

Answered: 1 week ago

Question

★★★★★
Some argue that outsourcing an activity is bad because the activity is no longer a means of distinguishing the firm from competitors. (All competitors can buy the same service from the same provider,...

Answered: 1 week ago

Question

★★★★★
Does it avoid use of underlining?

Answered: 1 week ago

Question

★★★★★
Does it have an employment objective that is specific and focuses on the employers needs as well as your own?

Answered: 1 week ago

Previous Question Next Question