International Trade Has Strong Effects on Income Distributions

question 33

Multiple Choice

International trade has strong effects on income distributions. Therefore, international trade

• A) will be beneficial to all those engaged in international trade.
• B) will tend to hurt one trading country.
• C) will tend to hurt everyone in both countries.
• D) will tend to hurt some groups in each trading country.
• E) is beneficial to everyone in both trading countries.

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Definitions:

Sodium Chloride

Common table salt, a compound formed from sodium and chlorine atoms, essential for life and used in food seasoning and preservation.

Dissociation

A process in which molecules or ionic compounds split into smaller particles such as atoms, ions, or radicals, often reversibly.

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance, which is the main constituent of Earth's hydrosphere and the fluids of all known living organisms.

Water Molecule

A molecule consisting of two hydrogen atoms and one oxygen atom, essential for life and a universal solvent.