Solved

The International Trade Hypothesis Has Been Advanced as an Explanation

Question 24

Multiple Choice
The international trade hypothesis has been advanced as an explanation for the widening earnings gap between skilled and unskilled workers in the U.S.What does this hypothesis assert happens to the domestic demand for skilled and unskilled labour when international trade expands
A)The domestic demand for skilled labour rises, and the domestic demand for unskilled labour also rises.
B)The domestic demand for skilled labour rises, and the domestic demand for unskilled labour falls.
C)The domestic demand for skilled labour falls, and the domestic demand for unskilled labour rises.
D)The domestic demand for skilled labour falls, and the domestic demand for unskilled labour also falls.

The international trade hypothesis has been advanced as an explanation for the widening earnings gap between skilled and unskilled workers in the U.S.What does this hypothesis assert happens to the domestic demand for skilled and unskilled labour when international trade expands


A) The domestic demand for skilled labour rises, and the domestic demand for unskilled labour also rises.
B) The domestic demand for skilled labour rises, and the domestic demand for unskilled labour falls.
C) The domestic demand for skilled labour falls, and the domestic demand for unskilled labour rises.
D) The domestic demand for skilled labour falls, and the domestic demand for unskilled labour also falls.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents