Recent pressures for protectionism in the United States have been motivated by all of the following except ?
Correct answer: B. High profit levels for American corporations
- A. U.S firms shipping component production overseas
- B. High profit levels for American corporations
- C. Sluggish rates of productivity growth in the United States
- D. High unemployment rates among America workers
Explanation
Offshoring, weak productivity growth and unemployment can create political pressure for protectionism by raising fears about jobs and competitiveness. High corporate profits do not normally provide that protectionist justification.
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