Many people fear world trade because it:
a. closes the access to advanced technology for less developed countries.
b. slows down the rate at which people's living standards increase.
c. causes some people to lose their jobs due to production shifts abroad.
d. empowers governments to abuse the freedom and property of their citizens.
ANSWER: c
One of the negatives of world trade is that millions of people lose their jobs due to imports, production shifts abroad, or outsourcing of tech jobs. Employers often threaten to outsource jobs if workers do not accept pay cuts.
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