Which of the Following Has Not Been Suggested as a Benefit

question 8

Multiple Choice

Which of the following has not been suggested as a benefit of free trade?

• A) consumers gain from low import prices
• B) the labor force gains from outsourcing of production
• C) trade partners are less likely to engage in warfare
• D) international trade promotes both short run and long run economic growth
• E) international trade reduces poverty rates

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Definitions:

White-Collar Employees

Workers who perform job duties in an office or other professional setting, often involving administrative, clerical, or managerial tasks, as opposed to blue-collar workers who perform manual labor.

Interest-Based Bargaining

A negotiation strategy focusing on mutual interests rather than positions, aiming for win-win solutions.

Mutual Interests

Shared common goals or concerns between parties that provide a basis for cooperation or partnership.

Collective Bargaining Agreement

A contract negotiated between employers and a union representing the employees on work terms and conditions.