Many examples in this chapter indicate that there are
Substantial ________________ as a result of
Competition and trade.
A)environmental disasters
B)labor shortages and strikes
C)gains to the economy
D)losses to consumers and workers

Question

Quizplus · Accepted Answer

The chapter discusses the positive effects of competition and trade on the economy, such as increased efficiency, lower prices, and greater innovation. There may be some negative consequences, such as job losses in certain industries, but the overall impact is seen as positive. There is no mention of environmental disasters or labor shortages and strikes as a result of competition and trade. Losses to consumers and workers are possible, but not the main focus of the chapter.

Many Examples in This Chapter Indicate That There Are