The Argument That Trade Generates Gains for All Workers

question 119

Multiple Choice

The argument that trade generates gains for all workers
May NOT be true because:

• A)a more realistic assumption includes capital and land as 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 low­skill workers.
• D)some workers lack skills and training and cannot find jobs.

---

Definitions:

Capital Interest

The portion of an investment or interest in a partnership that represents the owner's or partner's share of the capital.

Partnership Interest

The share or portion that a partner owns in a partnership, including rights to profits and decision making.

Capital Account

An account showing the net worth of a business at a specific point in time, including resources owned and liabilities owed.

Equity

The value of an owner's interest in a property or business, determined by subtracting liabilities from assets.