The argument that trade generates gains for all workers
May NOT be true because:
A) a more realistic assumption includes capital and land as factors of production and recognizes that trade will
Generate gains for some factors and losses for others.
B) greedy corporations exploit workers.
C) technology gains are concentrated among lowskill workers.
D) some workers lack skills and training and cannot find jobs.
Correct Answer:
Verified
Q2: In a twosector (manufacturing and agriculture) specific
Factors
Q3: Under free trade and comparative advantage, the
Q4: In the twosector (manufacturing and agriculture)
Specificfactors model,
Q5: In the twosector (manufacturing and agriculture)
Specificfactors model,
Q6: Because of the "law of diminishing marginal
Q7: In contrast to the Ricardian model, international
Q8: In a twosector (manufacturing and agriculture) specific
Factors
Q9: What resource is specific to the agriculture
Q10: The specificfactors model is termed a "shortrun"
Q11: Bolivia's government attempted to solve some of
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