Question

Is international trade likely to have about the same effect on everyone's wages?

Short answer

No, international trade does not have the same effect on everyone's wages.

Step-by-step solution

Definition

When the exchange of goods is done from one country to another it is called international trade.

Explanation

When the international trade increases it provides an opportunity to increase output produce due to which the employees can earn higher wages whereas some employees fail to meet the productivity target due to which their wages decrease. Thus, international trade increases wages for some employees and decreases wages for some employees.