Which of the following are TRUE regarding the argument that trade barriers protect U.S. workers from cheap foreign labor?
I. Low-wage foreigners are just as productive as U.S. workers.
II. U.S. workers have a comparative advantage in low-wage jobs.
A) I only
B) II only
C) I and II
D) Neither I nor II is correct.

Question

Quizplus · Accepted Answer

Neither statement is accurate. Low-wage foreign workers are not necessarily as productive as U.S. workers, and U.S. workers do not generally have a comparative advantage in low-wage jobs; instead, the U.S. often has a comparative advantage in high-skill, high-wage jobs.

Which of the Following Are TRUE Regarding the Argument That