A clear conclusion from offshoring debates and analyses is that:
a. If offshoring isn't stopped, some nations are likely to go bankrupt.
b. Tariffs and quotas are needed to protect nations from offshoring's ill effects.
c. Offshoring is often disruptive in the short run and can have significant transition costs.
d. Offshoring lacks any potential to increase a nation's GDP and holds only the potential to keep GDP the same or reduce it.
.C
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To cause the interest rate to fall, the Fed can
a. decrease the money supply b. stabilize the money supply to increase investor confidence c. decrease the price of bonds d. increase the money supply e. increase the demand for money
The dollar price of a good relative to the average dollar price of all other goods and services is the good's:
A. nominal price B. equilibrium price C. market price D. real price