Many people fear world trade because it: (A) will inevitably lead to inflation. (B) will cause living standards to increase at a slower rate. (C) causes some people to lose their jobs as production shifts abroad. (D) has brought entire nations out of poverty.

One common concern about world trade is the impact on local job markets. When production shifts to countries with lower labor costs, some workers may find themselves facing layoffs or fewer job opportunities in their own country. This shift can lead to anxiety about job security and a perceived threat to local industries, stirring fears of economic instability. However, it's important to note that while globalization may displace some jobs, it also creates new ones and opens up opportunities for growth in other sectors. Embracing the challenges of trade can lead to innovation and the development of skills that keep up with a changing economy. Balancing these shifts can be tricky, but with the right support systems, many countries have thrived through global trade by tapping into new markets and ideas.