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4 International trade and the global economy

4 International trade and the global economy

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Question 25

A developed country gains cheaper imports but loses jobs in an industry exposed to overseas competition. Which conclusion is most accurate?

[1]
A

All consumers and workers lose

B

All producers gain

C

Globalisation cannot affect the distribution of income

D

Benefits to consumers may coexist with adjustment costs for particular workers and regions

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4 International trade and the global economy Questions

  1. GCSE
  2. /Economics
  3. /4 International trade and the global economy

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