A bondholder is a stockholder who owns bonds

Which of the following correctly identifies an argument against free trade?

A) Free trade reduces world production. B) Free trade hampers technology transfers. C) Free trade increases the wages in importing countries. D) Free trade may result in job loss in some specific industries in the domestic economy.

The rule for the optimal use of any input says that

a. when MRP is less than price, it pays to expand resource use. b. when MRP is greater than price, it pays to expand resource use. c. when MRP equals price, resource use should be cut back. d. resources should be used only if MRP exceeds price.