When Trade Is Free, Patterns of Trade and Trade Flows

Multiple Choice

When trade is free, patterns of trade and trade flows result from

A) the collective decisions of a few importers and exporters, as well as the governments of the countries in which they reside.
B) the collective decisions of a few importers and exporters, as well as millions of private households and firms.
C) the independent decisions of thousands of importers and exporters, as well as millions of private households and firms.
D) the independent decisions of thousands of importers and exporters, as well as the governments of the countries in which they reside.