The Argument That Trade Generates Gains for all Workers May

question 14

Multiple Choice

The argument that trade generates gains for all workers may NOT be true because:

• A) a more realistic assumption includes capital and land as specific factors of production and recognizes that trade will generate gains for some factors and losses for others.
• B) greedy corporations exploit workers.
• C) technology gains are concentrated among low-skilled workers.
• D) some workers lack skills and training and cannot find jobs.

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Definitions:

Nuclear Families

A domestic arrangement where both parents and their kids cohabit as a singular family unit.

Extended Families

A network of relatives beyond the immediate family, including grandparents, aunts, uncles, and cousins, who often live together or maintain close emotional ties.

Single-parent Families

Households headed by only one parent, encompassing the responsibilities of raising children.

Foster Families

Temporary homes provided by individuals or families for children whose biological parents are unable to care for them.