Many people will lose or have lost their jobs because of the growth of international trade. So, why, then, is international trade considered by most economists to be good for the world economy? Who does international trade help? Who does international trade hurt? Would you like to see our country have more or less trade with other countries? Why?
Many people will lose or have lost their jobs because of the growth of international trade. So, why, then, is international trade considered by most economists to be good for the world economy? Who does international trade help? Who does international trade hurt? Would you like to see our country have more or less trade with other countries? Why?
Chapter34: World Trade Equilibrium
Section: Chapter Questions
Problem 10E
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![Many people will lose or have lost their jobs because of
the growth of international trade. So, why, then, is
international trade considered by most economists to
be good for the world economy? Who does
international trade help? Who does international trade
hurt? Would you like to see our country have more or
less trade with other countries? Why?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F37ed4937-e8c4-4caf-ae8b-581b54b2575f%2F4baf7c4b-d73a-4812-93ee-fa634461c4f6%2Fp2ptei7_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Many people will lose or have lost their jobs because of
the growth of international trade. So, why, then, is
international trade considered by most economists to
be good for the world economy? Who does
international trade help? Who does international trade
hurt? Would you like to see our country have more or
less trade with other countries? Why?
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