Increased trade

Question

Increased trade

Quizplus · Accepted Answer

Increased trade tends to raise living standards in the countries to which jobs migrate. This is because the countries that receive the jobs and the resulting investment can experience economic growth and development, which can lead to improved infrastructure, education, and healthcare systems. However, it is important to note that increased trade can also have negative impacts on the environment and can lead to job losses in certain industries. It is therefore important to carefully manage and regulate trade to ensure that it benefits all stakeholders.

Increased Trade