Which of the following groups will NOT gain if China and the United States engage in completely free trade?
A) U.S. unskilled labor
B) U.S. consumers of Chinese made products
C) U.S. skilled labor
D) U.S. owners of capital

Question

Quizplus · Accepted Answer

Unskilled labor in the U.S. may face increased competition from Chinese imports, leading to lower wages and fewer job opportunities. However, consumers of Chinese goods may benefit from lower prices, while skilled labor and owners of capital may benefit from increased demand and investment opportunities.

Which of the Following Groups Will NOT Gain If China