Solved

(Table: Output in the United States and China) Using the Data

Question 82

Multiple Choice

(Table: Output in the United States and China) Using the data in the table, what will happen to the U.S. labor force after trade occurs with China? (Table: Output in the United States and China)  Using the data in the table, what will happen to the U.S. labor force after trade occurs with China?   A)  U.S. labor will move from apparel to agriculture, where its marginal productivity is higher. B)  U.S. jobs in apparel will be exported to China, wheat exports will create additional jobs in agriculture, and the value of output produced by U.S. labor will increase. C)  The value of output produced by U.S. labor will increase. D)  U.S. labor will move from apparel to agriculture, where its marginal productivity is higher. U.S. jobs in apparel will be exported to China, wheat exports will create additional jobs in agriculture, and the value of output produced by U.S. labor will increase.


A) U.S. labor will move from apparel to agriculture, where its marginal productivity is higher.
B) U.S. jobs in apparel will be exported to China, wheat exports will create additional jobs in agriculture, and the value of output produced by U.S. labor will increase.
C) The value of output produced by U.S. labor will increase.
D) U.S. labor will move from apparel to agriculture, where its marginal productivity is higher. U.S. jobs in apparel will be exported to China, wheat exports will create additional jobs in agriculture, and the value of output produced by U.S. labor will increase.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents