The effect of US-China trade in the US can best be described as... A. Benefiting

Question

The effect of US-China trade in the US can best be described as...
A. Benefiting the Chinese economy, benefiting the US economy, and enhancing equality in each country
B. Benefiting the Chinese economy, benefiting the US economy, and making all industries better off
C. Benefiting the Chinese economy, worsening the US economy, but benefiting rural agriculture on both countries
D. Benefiting the Chinese economy, benefiting the US enconomy, but hurting some industries in each country
E. Increasing equality in the US, but increasing inequality in China The effect of US-China trade in the US can best be described as...
A. Benefiting the Chinese economy, benefiting the US economy, and enhancing equality in each country
B. Benefiting the Chinese economy, benefiting the US economy, and making all industries better off
C. Benefiting the Chinese economy, worsening the US economy, but benefiting rural agriculture on both countries
D. Benefiting the Chinese economy, benefiting the US enconomy, but hurting some industries in each country
E. Increasing equality in the US, but increasing inequality in China
A. Benefiting the Chinese economy, benefiting the US economy, and enhancing equality in each country
B. Benefiting the Chinese economy, benefiting the US economy, and making all industries better off
C. Benefiting the Chinese economy, worsening the US economy, but benefiting rural agriculture on both countries
D. Benefiting the Chinese economy, benefiting the US enconomy, but hurting some industries in each country
E. Increasing equality in the US, but increasing inequality in China

Explanation / Answer

Solution: Benefiting the Chinese economy, benefiting the US economy, but hurting some industries in each country

Explanation: U.S-China trade and economic cooperation has generated huge and real gains for the United States, while China has been benefiting a lot from it. The free trade also harms few industries in both countries

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