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If trade causes some workers to be laid off, most economists conclude that:
Qualitative Characteristics
Aspects that contribute to the usefulness of financial information, including its relevance and reliability.
Financial Statements
Formal records of the financial activities and position of a business, person, or other entity, presenting the financial performance and position at a given period.
Qualitative Characteristics
The attributes that make the information provided in financial statements useful to users, such as relevance and reliability.
Comparability
The quality that allows users to analyze trends in financial data across different time periods within a company or compare financial data across companies.
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