A. U.S firms shipping component production overseas
B. High profit levels for American corporations
C. Sluggish rates of productivity growth in the United States
D. High unemployment rates among America workers
Related Mcqs:
- Which of the following is not an argument for protectionism ?
A. To protect infant industries
B. To increase the level of imports
C. To Protect strategic industries
D. To improve the balance of payments - The largest amount of trade with the United States in recent years has been conducted by ?
A. Canada
B. Germany
C. Mexico
D. United Kingdom - The strongest political pressure for a trade policy that results in higher protectionism comes from?
A. domestic workers lobbying for import restriction
B. domestic workers lobbying for export restrictions
C. domestic consumers lobbying for export restrictions
D. domestic consumers lobbying for import restrictions - Many U.S firms have sought relief from foreign competition by demanding protectionism policies by the U.S government. A better way for companies to compete is to expand into foreign markets and ?
A. lower prices
B. increase promotion both at home and abroad
C. continuously improve their products at home
D. join into cartels at home - Suppose that tomatoes from Mexico face a 20 percent tariff in the United States and a 25 percent tariff in Canada. If the United States and Canada maintain free trade between each other, the these two countries belong to a ?
A. free-trade area
B. customs union
C. common market
D. monetary union - In recent years, which factor has been major reason for the economic tensions between the United States and China ?
A. China’s trade deficit with the United States was very high
B. The United States refused to place quotas on Chinese goods
C. The United States imported more from China than it exported to China
D. China lowered tariffs on goods imported from the United States - Major trading partners of the United States including all of the following countries except ?
A. Canada
B. Mexico
C. China
D. North Korea - A child in the United States is normally exposed to all of the following values EXCEPT ?
A. achievement ans success
B. activity and involvement
C. material comfort
D. collectivism - G. MacDougal compared export ratios and labor productivity ratios for the United States and the United Kingdom in order to test the:
A. Ricardian theory of comparative
B. Heckscher Ohl in theory of comparative advantage
C. Linder theory of overlapping demand all of the above
D. None of these - Canada France, Germany, Italy, Japan, The United Kingdom and United States are ?
A. G-7 countries
B. countries with highest productivity growth in the world since 1960
C. countries with decreasing TFP growth since 1990s
D. countries with the lowest information technology equipment and software index prices
