Question

Which of the following is NOT considered a gain from trade?
A. More choice for consumers
B. Increases in standard of living for trading partners including improvements in education and technology availability in poorer nations.
C. Increased competition which should produce an efficient allocation of scarce resources and lower prices for consumers.
D. Short term loss of jobs in the economy

Answer 1

Answer:

D. Short term loss of jobs in the economy

Explanation:

A short-term loss of jobs in the economy would not be a gain from trade, it would be a loss.

Answer 2

The option that is not a gain from trade is D. Short term loss of jobs in the economy.

How does trade affect jobs?

Trade can both be good and bad for jobs. If the country exports goods for instance, there will be more jobs to make the exports.

If a country imports however, there will be a loss of jobs in the short term thanks to companies making those imports suffering losses. This is therefore not a gain from trade.

Find out more on gains from trade at https://brainly.com/question/18560029.

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