Low wages and poor working conditions in many U.S. trade partners A)

Low wages and poor working conditions in many U.S. trade partners

A) prove that the gains-from-trade arguments of the Ricardian model are false.
B) may be a fact of life, but economists don’t care.
C) are facts emphasized by U.S. labor in its contract negotiations.
D) prove that the gains-from-trade arguments of the Ricardian model are true.
E) prove that international trade is exploitative.

 

ANSWER

C

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