Choose the Statement That Is Incorrect

question 107

Multiple Choice

Choose the statement that is incorrect.

• A)Gains from trade do not bring gains for every single person.
• B)Canadians,on average,gain from offshore outsourcing.
• C)The losers from offshore outsourcing are those who have invested in the human capital to do a specific job that has now gone offshore.
• D)The costs from offshore outsourcing outweigh the gains.
• E)Offshore outsourcing brings gains from trade identical to those of any other type of trade.

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Definitions:

Mail Fraud

A type of legal offense involving the use of postal services to conduct fraudulent schemes.

Fraudulent Use of Transit

The fraudulent use of transit refers to any illegal actions involving the unauthorized access or use of public transportation systems, often leading to financial loss or damage to the system.

False Pretenses

Obtaining property or money from another person through fraudulent representations or lies.

Insider Trading

Insider trading involves buying or selling a publicly-traded company's stock by someone who has non-public, material information about that stock.