Multiple Choice
Which of the following statements is true?
A) International trade raises wages in developing countries.
B) International trade with rich industrial countries forces people in the developing countries to work for lower wages.
C) International trade leads to job losses in both import competing industries and exporting industries.
D) Unlike other types of international trade, offshoring does not bring any gains from trade.
E) All of the above
Correct Answer:

Verified
Correct Answer:
Verified
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