Question

Producers of products mainly produced in swing states are less likely to get import protection in...

  1. Producers of products mainly produced in swing states are less likely to get import protection in the US.

    True

    False

  2. China exports those goods to the US in which its productivity disadvantage is exceeded by its wage advantage.

    True

    False

  3. Foreign direct investment into developing countries strengthens domestic corporate institutions by bringing in best business practices from developed countries into developing countries

    True

    False

Homework Answers

Answer #1

1. The given statement is false. Because producers of producta mainly produced in swing states have more import protection in the US.
In 2018, US President Donald Trump imposed of tariffs about 25% on steel imports in an effort to protect domestic industries in swing states like Pennsylvania.
2. The given statement is true. China exports those goods to the U. S. In which its productivity disadvantage is exceeded by its wage advantage. Because China is labor abundant nation. So they always looking for wage advantage while production
3. The given statement is true. Foreigb direct investment into developing countries strengthens domestic corporate institutions by bringing in best business practices from developed countries into developing countries

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