Some proponents of trade sanctions argue for changes in policy because they fear low standards will be used to capture markets and foreign investment
While theoretically possible, there is little or no support for the view that countries use low labor standards this way, because A) countries with low labor standards generally have trouble attracting foreign investment.
B) low standards can reduce costs, but they cannot change a country's comparative advantage.
C) it is impossible to lower labor standards.
D) Both A and B are correct.
E) A, B, and C are all correct.
D
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An example of a nontariff barrier is a:
A) limit on the total number of Honda automobiles imported from Japan. B) regulation specifying that each imported Honda automobile must meet certain emission exhaust guidelines. C) tax of $500 on each Honda automobile produced in the United States. D) subsidy from the Japanese government of $500 for each Honda automobile imported into the United States.
Is it possible to proactively prevent armed conflict in developing countries?
What will be an ideal response?