Generally, the losses due to free trade are concentrated within particular groups and the benefits are spread thinly across the rest of the economy.

Question

Quizplus · Accepted Answer

This is a commonly held view among economists, as free trade can lead to job losses in specific industries or regions while benefiting consumers through lower prices and increased competition. However, it is important to note that free trade can also create new job opportunities and spur economic growth in other areas.

Generally, the Losses Due to Free Trade Are Concentrated Within