Which of the following is true?
A) Trade harms the poor more than the rich.
B) Trade harms the rich more than the poor.
C) Trade causes lower prices which tends to help the poor more than the rich.
D) Trade causes higher prices which tends to help the rich more than the poor.
E) none of the above

Question

Quizplus · Accepted Answer

The answer can vary depending on the context and perspective. However, generally speaking, option C) Trade causes lower prices which tends to help the poor more than the rich, can be considered true. This is because trade often leads to competition and efficiency, which can result in lower prices for goods and services. These lower prices can be particularly beneficial for lower-income individuals who have less disposable income. However, it's important to note that this is a simplified view and the impact of trade can be influenced by many factors, including government policies and market conditions.

Which of the Following Is True