Economists who criticize trade adjustment assistance argue that:

Question

Quizplus · Accepted Answer

Many economists argue that trade adjustment assistance only benefits a small fraction of all unemployed workers, since it only covers workers in industries that have been adversely affected by international trade. This means that the vast majority of workers who lose their jobs due to other factors such as technological change or domestic competition do not receive any benefits through the program. As such, they argue that the program is not an effective solution to the broader problem of unemployment and may be inefficient in terms of allocating resources.

Economists Who Criticize Trade Adjustment Assistance Argue That