Why does Frankel argue that international trade may have the effect of reducing income inequality within countries?
a. Workers tend to benefit more from trade than the owners of capital do.
b. Trade tends to increase a country's overall income, making everyone better off.
c. Trade makes countries richer, and richer countries can afford to adopt income redistribution policies.
d. Trade allows countries to import cheap consumer goods, allowing the poor to enjoy a better standard of living.
e. Countries that trade more tend to be more democratic, so the people are able to exert pressure on governments to redistribute income.
Answer: c
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Answer the following statement(s) true (T) or false (F)
1. The modern Speaker of the House focuses largely on external activities (such as campaigning or fundraising) as opposed to presiding over the House. 2. The selection of party leaders in Congress is typically uncontested and based largely on seniority. 3. Once elected, the Speaker of the House is typically re-elected to this position as long as his/her party maintains majority control of the chamber. 4. The Speaker of the House can be elected to a maximum of one term (2 years).
Typically, as children move through school, they care:
-more about studying, only because they enjoy the material. -less about studying and about grades. -less about their teachers.