Why Does Compensating Those Harmed by Trade Represent a "Pareto

question 19

Multiple Choice

Why does compensating those harmed by trade represent a "Pareto improvement"?

• A)Trade benefits the country as a whole sufficiently that the country can provide compensation,thus improving the outcome for those hurt by trade,while still coming out ahead overall.
• B)Tying compensation to trade makes trade so costly that it will only occur when it is extremely beneficial to the country.
• C)Generous compensation will draw additional workers from abroad,thus increasing the output of the protected industry.
• D)Compensation improves the efficiency of workers,which can counteract the comparative disadvantage labor has in a developed economy.

---

Definitions:

Chronic Pain

Long-lasting pain that persists beyond the typical time for healing, often defined as longer than three to six months.

Patient-Controlled Analgesia (PCA)

A system allowing patients to self-administer prescribed amounts of pain medication through a pump.

Arouse

To stimulate or awaken a feeling, interest, or activity.

PCA Syringe

A syringe used in a patient-controlled analgesia pump, allowing patients to self-administer their pain medication within prescribed limits.