Where will workers displaced by trade eventually find jobs
A)in another country
B)in the government sector
C)in the industries in which the country has a comparative advantage
D)in a different company in the same industry

Question

Quizplus · Accepted Answer

When workers are displaced by trade, the country should focus on investing in the industries in which they have a comparative advantage. This will create new job opportunities and increase the country's competitiveness in the global marketplace. It is not feasible for workers to relocate to another country due to visa regulations and cultural barriers. Government jobs are limited and cannot accommodate all displaced workers. While workers may be able to find jobs in a different company in the same industry, this option may not be feasible if the industry is in decline.

Where Will Workers Displaced by Trade Eventually Find Jobs