Lagarde on Benefits of Free Trade

Lagarde on Benefits of Free Trade

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the benefits of trade over the past 30 years, highlighting improvements in productivity, innovation, and reduced prices. It acknowledges that not all sectors and regions have benefited equally, with some suffering due to supply chain reorganization. The video also addresses the oversimplification of attributing job losses solely to global trade, emphasizing the role of technology and tax regimes in these changes.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker suggest policymakers should respond to the negative impacts of trade?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors, besides global trade, does the speaker identify as impacting jobs?

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