Solved

When Both Exports and Imports Are Considered, the Major Advantage

Question 158

Multiple Choice

When both exports and imports are considered, the major advantage of international trade is that it allows us to


A) seclude ourselves from foreign products.
B) consume a larger, more diverse quantity of goods and services at lower prices than would otherwise prevail.
C) benefit at the expense of less-developed nations
D) maintain jobs for workers who would otherwise have little to do.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions