How have scholars explained why one country may be able to produce a given item more cheaply than another country
Read https://research.stlouisfed.org/publications/page1-econ/2017/11/01/does-international-trade-create-winners-and-losers/ and Answer:
1.How have scholars explained why one country may be able to produce a given item more cheaply than another country (two to four sentences)?
2.Does such a [current] deficit necessarily indicate that international trade is detrimental to the average American (two to four sentences)?
3.Which political and/or economic argument(s) provide a basis for why “third parties… that sell products that cannot compete in a global marketplace” are hurt by free trade (two or three sentences)?
4.How do the authors of the article explain the perception that free trade is harmful overall (one sentence)?
5.Could the Trade Adjustment Assistance Program fall into one of these categories (one or two sentences)