Which of the following is a fallacy of international trade? a. trade is a zero-sum activity. b. exports increase employment in exporting industries a. import restrictions increase employment in import-competing industries. d. tariffs and quotas reduce trade. open economies are subject to greater firm turnover because open economies la trade less than closed economies. b. are more likely to be associated with tariffs than closed economies. care associated with increased competition as compared to closed economies. d. draw a less skilled labor force than closed economies. the slogans "buy american" and "american goods create american jobs" reflect a concern over the number of exports leaving the country, b. concern about the threat of foreign competition. a a desire for fewer import restrictions. d a lack of job security within exporting firms. which of these encompasses the socio-economic reform process of eliminating trade, investment, cultural, information technology, and political barriers across countries, which could lead to increased economic growth and geo-political integration and interdependence among nations of the world? a. adaptive institutions b. imf sustainable development d. globalization