Multiple Choice
There is discussion of expanding the North American Free Trade Agreement (NAFTA) to include other Latin American countries, called the Free Trade Agreement of the Americas (FTAA) . If you are a union member, you might object to the signing of a free trade agreement:
A) only if members of your labor pool will be adversely affected, because free trade means gains for the economy as a whole.
B) only if members of your labor pool will be adversely affected.
C) only if members of your labor pool will be adversely affected, because free trade means losses for the economy as a whole.
D) if all labor will be adversely affected, because free trade means losses for the economy as a whole.
E) None of these answers is correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q27: Greg Mankiw and the President's Council of
Q28: Refer to the following table when answering
Q29: If the United States is running persistent
Q30: In the 1970s, farmers were able to
Q31: According to an example in the text
Q33: Under free trade:<br>A) losses generally are concentrated
Q34: Free labor migration is more effective at
Q35: As with new technology, trade can be
Q36: Over time, international trade enables an economy
Q37: Which of the following explains why trade