Exercises in Current Economics
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In our eReader you can find the full English version of the book. Read Exercises in Current Economics Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Exercises in Current Economics
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A 40. The Influence of the Tariff on Wages . The various influences exerted by the tariff on wages are implicit in the discussions of the arguments for free trade and pro- tection. However, because of the importance of the wages question in practical tariff controversy, the more important of them require separate presentation.
B. 134, 135, 152, 153.
C. I. What contradictions do you find in the wages arguments of the protectionists of 1824 and 1901 ? 2. Under what conditions does protection lowe...r the rate of wages? 3. Does it lower wages by decreasing the price of labor or increasing the prices of goods ? 4. If protection leads to the formation of new capital, what effect does it have upon wages ?
D. I. "In America the wages of labor are so high that one cannot make enough in manufacturing to pay them without protec- tion. " "In America the high wages enjoyed by labor are due to the high protective tariff. " Point out the contradictions between these arguments. Which is valid ?
2. "Advocates of free trade assert that protection forces labor to work against nature rather than with it.
What to read after Exercises in Current Economics?
You can find similar books in the "Read Also" column, or choose other free books by Walton Hale Hamilton to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
A 40. The Influence of the Tariff on Wages . The various influences exerted by the tariff on wages are implicit in the discussions of the arguments for free trade and pro- tection. However, because of the importance of the wages question in practical tariff controversy, the more important of them require separate presentation.
B. 134, 135, 152, 153.
C. I. What contradictions do you find in the wages arguments of the protectionists of 1824 and 1901 ? 2. Under what conditions does protection lowe...r the rate of wages? 3. Does it lower wages by decreasing the price of labor or increasing the prices of goods ? 4. If protection leads to the formation of new capital, what effect does it have upon wages ?
D. I. "In America the wages of labor are so high that one cannot make enough in manufacturing to pay them without protec- tion. " "In America the high wages enjoyed by labor are due to the high protective tariff. " Point out the contradictions between these arguments. Which is valid ?
2. "Advocates of free trade assert that protection forces labor to work against nature rather than with it.
What to read after Exercises in Current Economics?
You can find similar books in the "Read Also" column, or choose other free books by Walton Hale Hamilton to read onlineMoreLess
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