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Economics
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13 Dec 2019

which trade protects small business workers: a) free trade, b) fair trade, c) equal trade, d) sustainable trade, e) humane trade

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Patrina Schowalter
Patrina SchowalterLv2
17 Dec 2019
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Related questions

6. (a) Why do most countries have some protectionist trade barriers? (b) Identify two types of protectionist trade barriers. (c) Which is usually better for most countries, protectionist trade policies or free trade? Explain. (d) For most countries would a fair trade policy usually be the same as a free trade policy? Explain. (e) Which is better for a country economically, a multilateral free trade agreement including most countries, such as the WTO, or a regional trade agreement with oneҀ™s neighboring countries, such as NAFTA? Explain.

(a) Why do most countries have some protectionist trade barriers?

(b) Identify two types of protectionist trade barriers.

(c) Which is usually better for most countries, protectionist trade policies or free trade? Explain.

(d) For most countries would a fair trade policy usually be the same as a free trade policy? Explain.

(e) Which is better for a country economically, a multilateral free trade agreement including most countries, such as the WTO, or a regional trade agreement with one's neighboring countries, such as NAFTA? Explain.

Why is international trade sometimes a threat for workers?

a. Wages in exporting industries tend to fall due to trade.

b. Wages in import-competing industries tend to rise due to trade.

c. Workers in import-competing industries may suffer job loss as a result of trade.

d. Workers in exporting industries are subject to job loss as a result of trade.

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