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In a 2004 New York Times article entitled Second Thoughts on Free Trade, Senator Charles (Chuck) Schumer argues the following: While some economists and elected

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In a 2004 New York Times article entitled "Second Thoughts on Free Trade," Senator Charles ("Chuck") Schumer argues the following: "While some economists and elected officials suggest that all we need is a robust retraining effort for laid-off workers, we do not believe retraining alone is an answer, because almost the entire range of 'knowledge jobs' [software engineers, in the context of the article] can be done overseas." In advocating for more protectionism, Schumer fails to acknowledge which of the following benefits of a decrease in trade barriers (a decrease in protectionism)? O A reduction in trade barriers can allow the United States to specialize in its comparative advantage but become less productive. O A reduction in trade barriers leads to lower prices for U.S. consumers. O A reduction in trade barriers will increase the wealth of other countries, which would lead them to demand fewer U.S. goods and services. A reduction in trade barriers will hurt political relationships between countries

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