Question
Listen carefully to the podcast titled ' Is America losing faith in Free Trade ?'. What would help explain why support for trade liberalisation in
Listen carefully to the podcast titled 'Is America losing faith in Free Trade?'. What would help explain why support for trade liberalisation in places such as the United States has decreased in the past decade even though economists argue free trade is beneficial for the economy?
A. While there are more winners than losers from increased international trade, it is the case that the amount gained by the winners is smaller than the amount lost by those who lose when trade expands.
B. While there are more winners than losers from increased international trade, it is the case that the amount gained by the winners is larger than the amount lost by those who lose when trade expands.
C. There are fewer winners than losers from increased international trade and the amount gained by the winners is smaller than the amount lost by those who lose when trade expands.
D. There are fewer winners than losers from increased international trade and the amount gained by the winners is larger than the amount lost by those who lose when trade expands.
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