Question

If trade causes some workers to be laid off, most economists conclude: that all other workers...

If trade causes some workers to be laid off, most economists conclude:

that all other workers will be better off because their wages will rise.

that none of these answers is true.

that we should not allow imports to take U.S. jobs.

that we should expect wages to fall.

Homework Answers

Answer #1

it can be mentioned that unemployment is the main issue in any economy as it can lead to poverty levels increase which is not desired as result of which trade increases workers to be laid off with which unemployment increases then inputs should not take place because it can cause the United States jobs on the whole where unemployment should be considered mainly on the whole and that is the reason why .(c) that we should not allow inputs to take United States jobs is answer to this question

the wages are expected to fall in some categories and increase in some categories and the other workers wages will fall due to decrease in demand

Therefore (a,d) are wrong

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