According to your text, international trade has little impact on jobs because
A) people prefer to buy domestically.
B) governments control trade through tariffs.
C) trade and unemployment typically move in unison.
D) international trade tends to follow the principle of comparative advantage.

Question

Quizplus · Accepted Answer

The principle of comparative advantage suggests that countries should specialize in producing goods where they have a lower opportunity cost of production and then engage in trade with other countries. This means that international trade tends to result in increased efficiency and productivity, which can lead to job creation in both countries involved. Therefore, international trade has a positive impact on employment rather than having little impact as stated in the other choices.

According to Your Text, International Trade Has Little Impact on Jobs