Recall Application 4, "Trade, Consumption and Inequality," to Answer the Following

question 195

Multiple Choice

Recall Application 4, "Trade, Consumption and Inequality," to answer the following questions:
-According to the application, what was the moral of the story concerning free trade?

• A) Trade amplifies a country's income inequality.
• B) Trade affects both employment and prices.
• C) Everyone benefits from free trade.
• D) Everyone gets hurt from free trade.

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Definitions:

Gene Investment Theory

A theory suggesting that individuals are predisposed to invest resources and efforts into offspring and relatives to ensure the transmission of their genes to future generations.

New Orleans

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Evolution

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