Author Question: What does the Stolper-Samuelson theorem predict about the winners and losers from trade in advanced ... (Read 81 times)

mrsjacobs44 · **on:** Sep 10, 2018

What does the Stolper-Samuelson theorem predict about the winners and losers from trade in advanced industrial economies?

a. Everyone wins.
b. Everyone loses.
c. Workers win; owners lose.
d. Landowners win; everyone else loses.
e. The owners of capital win; the workers lose.

Question 2

If trade makes all states better off and maximizes world welfare, why is it a particular source of controversy?

a. Trade destroys the environment.
b. Trade only benefits the powerful countries.
c. Trade creates winners and losers within each country.
d. Trade only benefits those countries with efficient economies.
e. Trade only benefits those states that export more than they import.