Why do many people fear world trade?
A)It will inevitably lead to inflation.
B)It will cause living standards to increase at a slower rate.
C)It causes some people to lose their jobs as production shifts abroad.
D)It has lowered global wages.

Question

Quizplus · Accepted Answer

Global competition and cheap imports help keep inflation down,and world trade has caused the standards of living for many countries to increase at a faster rate.The other options describe advantages.

Why Do Many People Fear World Trade