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 260 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
Wow, this really help

deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Saguaro cacti in freeze-free zones. Saguaro cacti in freeze-free zones.
The mark-recapture technique is often used to estimate population size. The mark-recapture technique is often used to estimate population size.
Ivory trade in East Africa during the 1880s and 1890s Ivory trade in East Africa during the 1880s and 1890s
Common Types of Losses Common Types of Losses
Comparison of free energies of hydrolysis of thioesters and oxygen esters Comparison of free energies of hydrolysis of thioesters and oxygen esters
Using trace elements in carbonate shells to estimate temperature Using trace elements in carbonate shells to estimate temperature
Video: Acid-base imbalances - compensation of respiratory acidosis and alkalosis

For a complete list of videos, visit our video library