What are the disadvantages of import restrictions in regards to creating domestic employment opportunities?
What will be an ideal response?
One problem with restricting imports in order to create jobs is that other countries might retaliate with their own restrictions. New import restrictions by a major country have usually brought quick retaliation, sometimes causing more job losses than gains in industries protected by the new restrictions. Even if no country retaliates, the restricting country will gain jobs one place and lose them somewhere else, such as in import-handling jobs. Imports may also help create jobs in other industries, and these industries may form pressure groups against protectionism.
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Which of the following is a reason to have a corporate code of ethics?
A) to avoid having to respond to media inquiries about transgressions B) to increase profits for publicly-owned businesses C) to increase public confidence D) to influence legislators to pass more up-to-date reform bills
A key advantage of electronic brainstorming is it:
a. allows several people to suggest ideas at the same time. b. removes anonymity of ideas. c. allows groups to socially interact with one another. d. can only be used with small, intact teams.