International Trade Might Have Approached the Comparative Advantage Model in the 19th

question 17

True/False

International trade might have approached the comparative advantage model in the 19th century, and it does so even more today.

---

Definitions:

Generation X

The demographic cohort following the Baby Boomers, typically defined as individuals born between the early-to-mid 1960s and the late 1970s to early 1980s.

Baby Boomers

Refers to the generation born approximately between 1946 and 1964, experiencing significant population growth following World War II.

Wagner Act

A foundational piece of U.S. labor law enacted in 1935 that protects workers' rights to form unions and engage in collective bargaining.

Union Members

Individuals who belong to an organized group of workers formed to protect and further their rights and interests in the workplace.