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Use the information and excerpt below to answer the question. In 1994, President Bill Clinton gave an example of the criticism of the General Agreement on Tariffs and Trade (GATT). The idea is that since we live in a global economy and there are people in other places who can work for wages we can’t live on, if we open our markets to them, they will displace our workers . . . Which result would policies addressing this criticism and the protectionist policies in place before the Great Depression most likely have in common?     Responses Political instability causes trade imbalances. Political instability causes trade imbalances. Trade restrictions limit the growth of economies. Trade restrictions limit the growth of economies. Political instability decreases trade activity. Political instability decreases trade activity. Trade restrictions reduce demand for consumer goods.

Use the information and excerpt below to answer the question. In 1994, President Bill Clinton gave an example of the criticism of the General Agreement on Tariffs and Trade (GATT). The idea is that since we live in a global economy and there are people in other places who can work for wages we can’t live on, if we open our markets to them, they will displace our workers . . . Which result would policies addressing this criticism and the protectionist policies in place before the Great Depression most likely have in common?     Responses Political instability causes trade imbalances. Political instability causes trade imbalances. Trade restrictions limit the growth of economies. Trade restrictions limit the growth of economies. Political instability decreases trade activity. Political instability decreases trade activity. Trade restrictions reduce demand for consumer goods.

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Use the information and excerpt below to answer the question.

In 1994, President Bill Clinton gave an example of the criticism of the General Agreement on Tariffs and Trade (GATT).

The idea is that since we live in a global economy and there are people in other places who can work for wages we can’t live on, if we open our markets to them, they will displace our workers . . .

Which result would policies addressing this criticism and the protectionist policies in place before the Great Depression most likely have in common?

 
 
Responses

  • Political instability causes trade imbalances.

    Political instability causes trade imbalances.

  • Trade restrictions limit the growth of economies.

    Trade restrictions limit the growth of economies.

  • Political instability decreases trade activity.

    Political instability decreases trade activity.

  • Trade restrictions reduce demand for consumer goods.

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