QUESTION 35 35. What is the solution to the political problem associated with international trade? a) negotiate better trade agreements b) make sure the trade is mutually beneficial - beneficial to both countries c) protect domestic industries against job losses due to imports d) at a minimum, assist those who lose their jobs due to imports, to retrain and get reemployed in other industries. e) compensate those who end up net losers as a result of the trade Of) improve the competitiveness of domestic industries to reduce dependence on foreign imports Oh) impose tariffs on imported goods QUESTION 36 36. Which of the following will significantly increase labor productivity? a) access to better tools b) an increase in the minimum wage c) willingness to work hard and long hours d) unionization of your workplace e) better educated and better trained co-workers f) increase in employee salaries, wages and benefits g) better access to the commercial and social infrastructure of the economy h) a boss who knows what she is doing

QUESTION 35 35. What is the solution to the political problem associated with international trade? a) negotiate better trade agreements b) make sure the trade is mutually beneficial - beneficial to both countries c) protect domestic industries against job losses due to imports d) at a minimum, assist those who lose their jobs due to imports, to retrain and get reemployed in other industries. e) compensate those who end up net losers as a result of the trade Of) improve the competitiveness of domestic industries to reduce dependence on foreign imports Oh) impose tariffs on imported goods QUESTION 36 36. Which of the following will significantly increase labor productivity? a) access to better tools b) an increase in the minimum wage c) willingness to work hard and long hours d) unionization of your workplace e) better educated and better trained co-workers f) increase in employee salaries, wages and benefits g) better access to the commercial and social infrastructure of the economy h) a boss who knows what she is doing

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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35. What is the solution to the political problem associated with international trade? (More than ONE answer) 36. Which of the following will significantly increase labor productivity? (More than ONE answer)

QUESTION 35
35. What is the solution to the political problem associated with international trade?
a) negotiate better trade agreements
b) make sure the trade is mutually beneficial - beneficial to both countries
c) protect domestic industries against job losses due to imports
d) at a minimum, assist those who lose their jobs due to imports, to retrain and get reemployed in other industries.
e) compensate those who end up net losers as a result of the trade
f) improve the competitiveness of domestic industries to reduce dependence on foreign imports
h) impose tariffs on imported goods
QUESTION 36
36. Which of the following will significantly increase labor productivity?
a) access to better tools
b) an increase in the minimum wage
c) willingness to work hard and long hours
d) unionization of your workplace
e) better educated and better trained co-workers
f) increase in employee salaries, wages and benefits
g) better access to the commercial and social infrastructure of the economy
h) a boss who knows what she is doing
QUESTION 37

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