Effects of International Trade on Job Opportunities

International trade can create job opportunities by opening new markets for businesses, allowing them to grow and hire more employees. When companies export goods, they often need more workers to meet increased demand. However, trade can also lead to job losses in industries that cannot compete with cheaper foreign imports. This can result in shifts where some sectors thrive while others decline. Overall, trade impacts the job market by creating a dynamic environment where new positions arise in growing sectors, while others may disappear, necessitating adaptation and retraining for affected workers.