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World Trade Has Both Benefits and Costs

Question 166

Multiple Choice

World trade has both benefits and costs. Which of the following statements attests to this fact?


A) The U.S. economy and all businesses that participate in this economy were negatively impacted by the wars in Iraq and Afghanistan.
B) The standard of living for citizens in developing nations has significantly decreased due to globalization.
C) Economists are convinced that global job creation will never occur if our politicians support world trade.
D) Large companies and small companies agree that the green movement is a global issue. Firms are embracing opportunities to bring value to consumers by creating green products and services.

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