Which of the following is NOT true regarding job destruction due to trade?
a. Trade results in...
Which of the following is NOT true regarding job destruction due to trade?
a. Trade results in the United States over the past 100 years include decreased employment and lower living standards.
O b. Trade encourages workers to transition to industries that are low-cost producers of goods.
c. Trade does not destroy jobs; it simply moves jobs to different industries.
d. Short-run worker transition may be hard, but in the long run the result is increased wages.
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