A sure result of increased trade is degradation in living standards in poor countries.

Name: A sure result of increased trade is degradation in living standards in poor countries.
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Question

Quizplus · Accepted Answer

Increased trade can actually lead to economic growth and development in poor countries, which can improve living standards. However, the way in which trade is conducted, such as unequal power relations or exploitation, can negatively impact living standards. So, the statement is not always true.

A Sure Result of Increased Trade Is Degradation in Living