The argument that trade generates gains for all workers may NOT be true because: A) a more realistic assumption includes capital and land as specific factors of production and recognizes that trade will generate gains for some factors and losses for others. B) greedy corporations exploit workers. C) technology gains are concentrated among low-skilled workers. D) some workers lack skills and training and cannot find jobs.

Question

Quizplus · Accepted Answer

Trade can generate gains for certain factors of production, while resulting in losses for others, and a more realistic assumption would take into account capital and land as specific factors of production. The other options are not necessarily direct hindrances to the argument that trade generates gains for all workers.

The Argument That Trade Generates Gains for all Workers May