Latin America has more trade agreements than any other region, and it has some of the oldest as well

The labor force participation rate is

a. the portion of the working-age population that is actively in the labor market b. the portion of the labor force that is employed c. the portion of the working-age population that is working d. the portion of the working-age population that would work if jobs were available e. none of the above

If trade is mutually beneficial, then increasing trade

A. Increases the welfare of producers that compete with importers. B. Reduces income for workers in export industries. C. Makes countries less interdependent. D. Leads to increased output in export industries.