World Trade Has Both Benefits and Costs

question 179

Multiple Choice

World trade has both benefits and costs. Which of the following statements best attests to this fact?

• A) The U.S. economy and all businesses that participate in this economy were negatively impacted by recent wars.
• B) The standard of living for citizens in developing nations has significantly decreased due to globalization.
• C) Economists are convinced that global job creation will never occur if our politicians support world trade.
• D) Large companies and small companies agree that the green movement is a global issue. Firms are embracing opportunities to bring value to consumers by creating green products and services.

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Definitions:

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