This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why is it difficult to estimate job gains or losses due to free trade agreements? What will be an ... (Read 269 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
on: Jun 30, 2018
Why is it difficult to estimate job gains or losses due to free trade agreements?
 
  What will be an ideal response?

Question 2

Domestic policies can have unintended effects on international trade.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joshbk44

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

It is possible to estimate the number of workers needed to produce a given quantity of exports, and to estimate the number of jobs that would be created if imports were produced at home, but these values are not the same as job creation and destruction due to a trade agreement. Imports may supply a firm with capital or intermediate goods that make the firm more competitive and better able to survive; and exports may supply a firm that previously produced the entire value of its goods at home but after offshoring some production, it exports to its foreign affiliate. Hence, some imports create jobs, while some exports exist only because jobs at home have been moved abroad. Thus it is not really possible to determine the number of jobs that would exist without the free trade agreements, and so there is no real basis for comparison.

Answer to Question 2

TRUE


vicky

  • Member
  • Posts: 586
Reply 2 on: Jun 30, 2018
Excellent

upturnedfurball

  • Member
  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Free energy change during electron transport Free energy change during electron transport
The thermodynamics of protein folding depicted as a free-energy funnel The thermodynamics of protein folding depicted as a free-energy funnel
Free Blacks in 1850 Free Blacks in 1850
Staff members often find it difficult to communicate with other coworkers. Staff members often find it difficult to communicate with other coworkers.
Strength Gains: Based on Sets and Repetitions Strength Gains: Based on Sets and Repetitions
Plasma protein binding and drug availability. (a) Drug exists in a free state or bound to plasma ... Plasma protein binding and drug availability. (a) Drug exists in a free state or bound to plasma ...
Video: Spinal Cord Injury Animation

For a complete list of videos, visit our video library