Question

Protesters insist that the economic benefits of trade have social costs that go unrecognized. Whether or not you agree with them, make a list of those social costs.

Answer 1

Yes i do agree with them

Social costs of trade:

1) pollution generation during production of tradable good

2) Scarscity of that resources fotmr future generations

3) tradable community always want to more and profit thus this may be harmful for poor population as they have to pay more for things and thus increasing info inequality.

4) lack of that resources in that area and trade it to another area will doing drain of wealth and uneven development of that area will increase poverty and social inequality.

5) which some time lead to problem like naxalism and maoism etc.