Which factor of production in the United States is most likely to be – McqOptions

MCQOPTIONS

1.	Which factor of production in the United States is most likely to be made worse off (its factor payment will decrease) because of the North American Free Trade Agreement ?
A.	Capital
B.	land
C.	skilled labor
D.	unskilled labor
Answer» E.

Discussion

No Comment Found

Related MCQs

<p> Trade diversion takes place when ?</p>
<p> In free trade A will import ?</p>
<p> The NAFTA is a ?</p>
<p> Criticisms against the North American Free Trade Agreement include all of the following except ?</p>
<p> _________ is said to exist when the formation of a regional trading group leads to an expansion of trade above pregroup levels ?</p>
<p> A positive, dynamic effect of economic integration is illustrated by ?</p>
<p> The European Union is an example of a/an ?</p>
<p> Trade creation will more likely outweigh trade diversion for Country X that forms a customs union if the level of tariffs in Country X prior to the customs union is ________ and the total number of countries forming the customs union is _________?</p>
<p> ________ is said to exist when the formation of a regional trading group leads to the reduction of trade with nonmember countries in favor of member countries ?</p>
<p> If A forms a customs union with B, A will import ?</p>