International trade can have important effects on the distribution of income because
A)rich countries take advantage of poor countries.
B)the more powerful country dictates the terms of trade.
C)different industries employ different factors of production.
D)of government corruption.
E)different countries use different currencies.

Question

Quizplus · Accepted Answer

International trade affects income distribution because different industries require different factors of production, and trade can shift demand for these factors, impacting wages and employment in various sectors.

International Trade Can Have Important Effects on the Distribution of Income