Which of the following is not Trade shifts jobs from export sector to import-competing. From 2001 to 2010, only about 2% of involuntary displacements stemmed from import competition or plants moved overseas. There no evidence of a positive correlation between unemployment and imports (relative to U.S. GDP) for the U.S. The process of job shifting is not instantaneous.

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Which of the following is not true?
Trade shifts jobs from export sector to import-competing.
From 2001 to 2010, only about 2% of involuntary displacements stemmed from
import competition or plants moved overseas.
There no evidence of a positive correlation between unemployment and imports
(relative to U.S. GDP) for the U.S.
The process of job shifting is not instantaneous.
Transcribed Image Text:Which of the following is not true? Trade shifts jobs from export sector to import-competing. From 2001 to 2010, only about 2% of involuntary displacements stemmed from import competition or plants moved overseas. There no evidence of a positive correlation between unemployment and imports (relative to U.S. GDP) for the U.S. The process of job shifting is not instantaneous.
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