Given that international trade is not a manufacturing activity, it has no impact on the job creation potential of an economy.

Question

Quizplus · Accepted Answer

International trade does have an impact on a country's job creation potential. It can create jobs in export-related industries and also lead to increased demand for domestic goods and services, which can in turn create jobs in other industries. Additionally, international trade can stimulate innovation and increase competitiveness, which can lead to job creation in a variety of sectors.

Given That International Trade Is Not a Manufacturing Activity, It