How does the trade adjustment assistance program attempt to help domestic firms and workers who are displaced as a result of import competition? Check all that apply. Job training Extended income support beyond normal unemployment insurance benefits Higher import tariffs Higher import quotas

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secko secko · Answer 1 · 2020-03-26T12:59:19+01:00

Answer:

Job training- provided to workers

Extended income - provided to workers who used their unemployment compensations

Unemployment insurance- provided to workers who have their reemployment arrangements at lower rates

Higher import tariffs and quotas-program helps companies in improving their competitiveness

Explanation:

Job training - provides training to worker who have been laid off or about to be laid off
Extended income support beyond normal - workers who qualify for Trade Readjustment Allowance have weekly income payments if they exhausted their unemployment compensations
Unemployment insurance benefits-Reemployment Trade Adjustment Assistance is a wage insurance program for workers who have reemployment arrangement at lower rates
Higher import tariffs and quotas- as for firms, Trade Adjustment Assistance provides help to manufacturers and service firms affected by the import competition, in way that it improves firm's competitiveness.