A Common Economically Unfounded Fear Held by Laypeople Is That

Multiple Choice

A common economically unfounded fear held by laypeople is that:

A) globalization will result in the United States losing most jobs because wages are so much higher in the United States.
B) globalization will result in dramatically higher prices because most services will be outsourced.
C) the United States has a comparative advantage in the production of all goods.
D) a U.S. trade surplus will result in a dramatically lower dollar.