Choose the statement that is incorrect.
A) Gains from trade do not bring gains for every single person.
B) Canadians,on average,gain from offshore outsourcing.
C) The losers from offshore outsourcing are those who have invested in the human capital to do a specific job that has now gone offshore.
D) The costs from offshore outsourcing outweigh the gains.
E) Offshore outsourcing brings gains from trade identical to those of any other type of trade.
Correct Answer:
Verified
Q125: The effects of offshore outsourcing from opening
Q126: One reason that international trade is restricted
Q127: The infant industry argument is based on
Q128: Choose the statement that is incorrect.
A)Wage differences
Q129: Rent seeking is one reason why countries
Q130: Offshore outsourcing occurs when a firm in
Q131: Of the groups listed below,which is most
Q132: Choose the statement that is incorrect.
A)Free trade
Q134: When a Canadian firm implements offshore outsourcing,consumers
Q135: The gains from free trade are enjoyed
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