If the United States imports low-cost goods produced in low-wage countries instead of producing the goods domestically,

A) the United States will incur a net loss of total jobs.
B) the United States will gain, and domestic resources will be employed more productively.
C) dollars that leave the United States will not return to buy goods produced by high-wage American workers.
D) the availability of consumption goods in the United States will be reduced.

Question

Hitendra Gosain · Accepted Answer

Final Answer : B, Explanation :  Importing low-cost goods allows the U.S. to allocate resources to more productive uses, enhancing overall economic efficiency and potentially creating jobs in other sectors.

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