Technological improvements are similar to international trade since they both:

Question

Quizplus · Accepted Answer

Technological improvements and international trade both contribute to increasing the nation's aggregate income by improving productivity and efficiency, and expanding the scope of economic activity. While they do have benefits for producers and consumers, they may not necessarily benefit all of them equally. Technological improvements may also lead to temporary unemployment as industries adjust to the changes, so choice C and D are not accurate.

Technological Improvements Are Similar to International Trade Since They Both