Choose the statement that is incorrect.
A) Protection saves jobs at a low cost.
B) Imports create jobs for retailers that sell imported goods and for firms that service those goods.
C) Free trade destroys some jobs.
D) Free trade brings about a global rationalization of labour.
E) Imports create income in the rest of the world, some of which is spent on Canadian- made goods and services.
Correct Answer:
Verified
Q109: Choose the statement that is incorrect.
A)By trading
Q110: Two reasons that explain why international trade
Q111: Choose the statement that is incorrect.
A)The costs
Q112: The gains from free trade are enjoyed
Q113: When a firm implements offshore outsourcing, consumers
Q114: The effects of offshoring from opening up
Q116: One reason that international trade is restricted
Q117: When considering rent seeking, which of the
Q118: Offshoring occurs when a firm in Canada
A)hires
Q119: In developing countries, there is more reliance
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