Multiple Choice
The main advantage of trade between two countries is that
A) trade makes both countries more self-sufficient.
B) employment in both countries will increase.
C) both countries have consumption choices beyond their current resource and production constraints.
D) trade will lead to a more equitable distribution of income in both countries.
Correct Answer:

Verified
Correct Answer:
Verified
Q34: Suppose a U.S. dollar exchanges for 2
Q35: Goodwill can be a source of comparative
Q36: For _, there is a range of
Q37: In 2014, the United States ran a
Q38: Refer to the information provided in
Q40: If Holland decreases subsidies to its tulip
Q41: The advantage in the production of a
Q42: Government payments made to _ firms in
Q43: Refer to the information provided in Figure
Q44: Refer to the information provided in Figure