The fact that articles of clothing sold in Walmart are produced by very poorly paid workers in Honduras,is a fact that if taken into account
A) would prove to economists that the Ricardian model of comparative advantage is false.
B) proves that corporations are exempt from labor standards.
C) proves to the Anti- Globalization Movement that trade is a negative sum game.
D) proves to economists that trade is a negative sum game.
E) would prove to economists that the equal- value in trade concept summed up in the trade triangles is incorrect.
Correct Answer:
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Q25: The Shipbreakers of Alang arouse the ire
Q26: Faced with the evidence of poor working
Q27: Free trade and globalization is generally believed
A)to
Q28: In the second half of the 1990s
Q29: The Ricardian model of comparative advantage lends
Q30: The shipbreakers of Alang are
A)competing with pollution-
Q31: Most developing countries oppose including labor standards
Q33: Low wages and poor working conditions in
Q34: When Japan's MITI (Ministry of International Trade
Q35: When one applies the Heckscher- Ohlin model
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