Which of the following is a valid argument for protection?
A) national defense
B) fair trade
C) creation of employment
D) All of the above
A
Economics
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Why are universal standards for minimum wages and hours worked difficult to agree on?
What will be an ideal response?
Economics
Which of the following would be an example of direct foreign investment in DVCs?
A. A grant from the World Bank to build an irrigation project in Kenya B. The financing of a new chemical plant in Peru by a German company C. A low-interest loan from the U.S. government to Turkey to purchase military hardware D. A loan from the Japanese government to the Indonesian government to pay for electronic equipment
Economics