The limits of the terms of trade between two countries are determined by those countries' opportunity costs of production

The natural rate of unemployment

a. increases sharply during a recession but declines significantly during a business expansion. b. is the unemployment rate accompanying the economy's maximum sustainable output. c. is generally less than the unemployment rate associated with the economy's full-employment rate of output. d. is present when the economy operates at approximately 94 percent of its potential GDP.

The estimated cost of automobile jobs saved due to limitations on foreign autos is $105,000 per job. Why is there a cost to saving jobs through protectionism?

What will be an ideal response?