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Explain why it is said that trade is good but not for everybody.

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User Alhuck
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Final answer:

Trade is generally beneficial, but not everyone benefits equally from it due to factors such as job displacement or unequal distribution of benefits.

Step-by-step explanation:

International trade is generally considered to be good because it brings benefits to the average person in terms of increased productivity, higher wages, and access to a wider variety of quality products at attractive prices. However, it is also acknowledged that not everyone benefits equally from trade. Some individuals may not experience the same level of gains or may even be negatively impacted by trade. This could be due to factors such as job displacement, unequal distribution of benefits, or adverse effects on certain industries or regions. Thus, while trade has overall positive effects on the economy, it is important for public policy to address the concerns of those who have not been as fortunate.

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User Eemilk
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