《Sec 9.3 MC The Arguments for Restricting Trade》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
1、1. CongressmanSmithcitesthe“jobsargument”whenhearguesinfavorofrestrictionsontrade;hearguesthateverythingcanbeproducedatlowercostinothercountries.ThelikelyflawinCongressmanSmith’sreasoningisthatheignoresthefactthat a. thereisnoevidencethatanyworkereverlosthisorherjobbecauseoffreetrade. b. unemploym
2、entoflaborisnotaseriousproblemrelativetoothereconomicproblems. c. thegainsfromtradearebasedoncomparativeadvantage. d. thegainsfromtradearebasedonabsoluteadvantage.ANSWER: cDIFFICULTY: EasyLEARNING OBJECTIVES: ECON.MANK.185-Givenaproposedtraderestriction,identifywhichargumentforrestrictingtradei
4、a. national-securityargument. b. infant-industryargument. c. unfair-competitionargument. d. jobsargument.ANSWER: bDIFFICULTY: ModerateLEARNING OBJECTIVES: ECON.MANK.185-Givenaproposedtraderestriction,identifywhichargumentforrestrictingtradeisbeingapplied.TOPICS: InternationaltradeKEYWORDS: BL
5、OOM'S:ComprehensionCUSTOM ID: 002.09.3-MC-MANK083. Oneshouldbeespeciallywaryofthenational-securityargumentforrestrictingtradewhenthatargumentismadeby a. representativesofindustry. b. representativesofthedefenseestablishment. c. membersofhouseholds. d. foreigngovernmentofficials.ANSWER: aDIFFICUL
7、a. almosteverycountryhasacomparativeadvantage,relativetotheUnitedStates,inproducingalmostallgoods. b. youngindustriesshouldbeprotectedagainstforeigncompetitionuntiltheybecomeprofitable. c. theAmericanautomobilein