Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 25 Oct 2017 My Price 5.00

benefits of free trade

5.7 Suppose you are explaining the benefits of free trade and someone states, “I don’t understand all the principles of comparative advantage and gains from trade. I just know that if I buy something produced in America, I create a job for an American, and if I buy something produced in Brazil, I create a job for a Brazilian.” Do you agree with this statement? When the United States imports products for which it does not have a comparative advantage, does that mean that there are fewer jobs in the United States? In the example

with Japan and the United States producing and trading cellphones and tablets, when the United States imports cellphones from Japan, does the number of jobs in the United States decline?

Answers

Maurice Tutor
(5)
Status NEW Posted 25 Oct 2017 03:10 PM My Price 5.00

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