Removing trade barriers that were protecting an inefficient industry will likely cause ____________________ in that industry.

A) lawsuits
B) transnational collective bargaining
C) management shifts
D) job losses

Trade Barriers

Measures implemented by governments to restrict or control the exchange of goods and services across borders, such as tariffs and quotas.

Inefficient Industry

An economic sector that fails to utilize resources optimally, resulting in lower productivity and output.

Job Losses

The elimination of positions within a company due to reasons such as economic downturns, restructuring, or automation.