Tariffs and import quotas can reduce unemployment in a U.S. import industry, but a. foreign countries could impose nontariff bar
riers on U.S. goods, reducing jobs in an export industry. b. the U.S. economy could falter, and jobs would decrease anyway. c. foreign countries could impose nontariff barriers on U.S. goods, increasing jobs in an export industry. d. if foreign countries experience growth, export jobs may grow.
b. the U.S. economy could falter, and jobs would decrease anyway
Explanation:
Unemployment cannot be reduced only with restrictive measurements like tariffs and import quotas.
Growth of production is significanlty more effective in the increase of employment in an import industry. Production growth is generally the result of a more competitive economy plus investment. As a consequence, imports will be reduced because products made internally will replace imported ones.
III. are working part-time but want full-time jobs
Explanation:
The official unemployed worker are those who don't have a job and are actively looking to works and are currently available for works and they may be works as part-time but not fully employed.
