While it is true that some jobs may be lost in the short run because of free trade, jobs are also created because of trade and free trade allows a country as a whole to enjoy a higher standard of living.

Question

Quizplus · Accepted Answer

While free trade may result in the loss of some jobs in certain industries, it also creates new jobs in other industries and allows for increased efficiencies and lower costs, which in turn leads to increased economic growth and a higher overall standard of living for the country.

While It Is True That Some Jobs May Be Lost