Which of the following is NOT true of the parable about harvesting the Iowa car crop?
A) International trade is similar to technological improvements in that it expands our ability to consume more goods and services.
B) The public perception of job losses related to international trade is different than the public perception of job losses related to technological improvement.
C) It's possible to acquire a product at a lower cost by producing something else first and then engaging in trade.
D) Jobs producing goods or services for domestic consumption are preferable to the jobs producing export goods.
Correct Answer:
Verified
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