Which of the following statements is true?
A)International trade raises wages in developing countries.
B)International trade with rich industrial countries forces people in the developing countries to work for lower wages.
C)International trade leads to job losses in both import competing industries and exporting industries.
D)Unlike other types of international trade, offshoring does not bring any gains from trade.
E)All of the above

Question

Quizplus · Accepted Answer

International trade can lead to higher wages in developing countries by increasing demand for labor and improving productivity through access to larger markets and better technologies.

Which of the Following Statements Is True