Explain Paul Samuelson's critique.
What will be an ideal response?
Ans: Paul Samuelson's critique explains what can happen when a rich country starts a free trade agreement with a poor country, using the poor countries resources. Evidence supports that regions most exposed to China tend to lose the most manufacturing jobs as well as see the most overall employment decline. Areas with high exposure to China showed the largest increases in food stamps, unemployment insurance, and disability payments.
You might also like to view...
_________________________ - under this rule a corporate director or officer will not be liable to the corporation or to its shareholders for honest mistakes of judgment and bad business decisions. Courts consider the reasonableness of a decision at the time it was made, w/o the benefit of hindsight.
Fill in the blank(s) with the appropriate word(s).
Regarding the tax treatment of payments to securities holders, it is true that ________
A) interest and preferred stock dividends are not tax-deductible, while common stock dividends are tax deductible B) interest and preferred stock dividends are tax-deductible, while common stock dividends are not tax-deductible C) common stock dividends and preferred stock dividends are tax-deductible, while interest is not tax-deductible D) common stock dividends and preferred stock dividends are not tax-deductible, while interest is tax-deductible