Question & Answer

A potential negative result of trade agreements is job loss

A potential negative result of trade agreements is
protectionism.
sanctions.
job loss.
higher tariffs.

1 Answer

Verified archive
Quizzma TeamJanuary 14, 2025

The correct answer is job loss.

Trade agreements can lead to job loss in specific industries as companies may relocate to countries where they can produce goods more cheaply, resulting in reduced domestic employment. While trade agreements aim to boost overall economic growth, they can create shifts that negatively impact certain sectors and workers.