Which of the Following Statements Is True

question 147

Multiple Choice

Which of the following statements is true?

• A) Free trade will benefit all workers in a nation equally.
• B) As a result of specialization some workers will be displaced and hence, harmed by free trade.
• C) Free trade leads to lower wages for all workers in both nations.
• D) Specialization will result in a decline in an industry and none of those workers will be able to find other jobs.

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Definitions:

Information Shared

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Decisions Made

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Operating Effectiveness

The efficiency with which an organization can achieve its objectives through the optimal use of resources.

Constructive Changes

Alterations in work scope or methodology that are suggested or required but not initially outlined in a contract.