Trade adjustment assistance policies Select one: a. Can resolve all workers’ challenges to free trade b. Attempt to share gains from free trade with disadvantaged workers c. Have never been used to sustain a losing business concern d. Are financed by state and local tax revenues

Answer

b. Attempt to share gains from free trade with disadvantaged workers

Explanation

Trade adjustment assistance policies offers job training, relocation allowances, income support and help with healthcare premiums to workers who lost jobs due to increased imports. For a worker to qualify for this program, he/she must indicate that they lost their jobs because of effects of foreign trade. TAA is jointly performed by the federal and state government, but funded by the federal government. There are several benefits of free trade, but some domestic workers are usually disadvantaged as a result. This prompt the government to compensate them with the gains resulting from free trade using the TAA policies.