Multiple Choice
Which of the following statements about trade is false?
A) Trade increases competition.
B) With trade, one country must win and one country must lose.
C) Bulgaria can benefit, potentially, from trade with any other country.
D) Trade allows people to buy a greater variety of goods and services at lower cost.
Correct Answer:
Verified
Correct Answer:
Verified
Q155: Tracy quits her job, which pays $25,000
Q156: Productivity is defined as the<br>A)amount of goods
Q157: The terms equality and efficiency are similar
Q158: Resources are<br>A)scarce for households but plentiful for
Q159: Economists use the term _ to refer
Q161: The term used to describe a situation
Q162: Aiden and Zaria charge people to park
Q163: One tradeoff society faces is between efficiency
Q164: Central planning refers to<br>A)markets guiding economic activity.Today
Q165: A hair stylist currently cuts and colors