Answer to Question #104952 in Macroeconomics for Brook

Question

Identify the advantages and disadvantages of international trade for workers?

Answer 1

Main advantages and dissdvantages

Advantages: diversifies the products and services that workers can receive, it improves financial performance of companies and also workers.

Disadvantages : language Barriers, Cultural Differences,

stronger competition, differences in labor laws of different countries.

https://opentextbc.ca/principlesofeconomics/chapter/34-2-international-trade-and-its-effects-on-jobs-wages-and-working-conditions/