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 196 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

matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Plasma protein binding and drug availability: (a) drug exists in a free state or bound to plasma pro Plasma protein binding and drug availability: (a) drug exists in a free state or bound to plasma pro
American Foreign Trade, 1790–1812 American Foreign Trade, 1790–1812
Multigroove adjustable pliers are known by many names, including the trade name Channel Locks®. Multigroove adjustable pliers are known by many names, including the trade name Channel Locks®.
Free Energy Rules: The Second Law in Open Systems Free Energy Rules: The Second Law in Open Systems
Using trace elements in carbonate shells to estimate temperature Using trace elements in carbonate shells to estimate temperature
Which of the following is the most reasonable estimate of the number of characters (typed ... Which of the following is the most reasonable estimate of the number of characters (typed ...
Video: Nucleic acid digestion - brush border enzymes, end products & transport mechanism

For a complete list of videos, visit our video library