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Chapter 21 Study Guide (password: chapter)

21.0 Introduction to Globalization and Protectionism

21.1 Protectionism: An Indirect Subsidy from Consumers to Producers

21.2 International Trade and Its Effects on Jobs, Wages, and Working Conditions

21.3 Arguments in Support of Restricting Imports

21.4 How Governments Enact Trade Policy: Globally, Regionally, and Nationally

Practice Problems

Answer Key

Problem 1

Problem 2

Problem 3

Problem 4

Problem 5

Problem 6

Problem 7

Problem 8

Problem 9

Problem 10