Which of the Following Statements Is True

question 80

Multiple Choice

Which of the following statements is true?

• A)International trade raises wages in developing countries.
• B)International trade with rich industrial countries forces people in the developing countries to work for lower wages.
• C)International trade leads to job losses in both import competing industries and exporting industries.
• D)Unlike other types of international trade, offshoring does not bring any gains from trade.
• E)All of the above

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Definitions:

Conciliation

A dispute resolution process where a neutral third party helps employers and employees reach a voluntary agreement on contentious workplace issues.

Employee Turnover

The rate at which employees leave a company and are replaced by new hires, often used as an indicator of workplace satisfaction and organizational stability.

Employee Tenure

Employee tenure refers to the length of time an individual has been employed by a specific company or organization, often linked to benefits and job security.

Lower Productivity

A decrease in the rate at which goods or services are produced, often indicating inefficiency.