In the first years of a professional athlete's career, the athlete is "under reserve," which means that he or she cannot negotiate with other teams. This creates a de facto

Suppose that U.S. firms outsource plane manufacturing jobs to China, it is expected that

A) the wage rate for workers manufacturing planes will decrease in the U.S. but increase in China. B) the wage rate for workers manufacturing planes will increase in the U.S. but decrease in China. C) the wage rate for workers manufacturing planes will increase in both the U.S. and China. D) the wage rate for workers manufacturing planes will decrease in both the U.S. and China.

The Reciprocal Trade Agreement Act of 1934

a. increased the level of tariffs in the United States. b. was the first in a series of retaliatory trade acts passed by Congress. c. was the first in a series of Congressional acts reducing tariffs. d. increased the level of tariffs in the United States AND was the first in a series of retaliatory trade acts passed by Congress.