Multiple Choice
Which of the statements about the gains from international trade is CORRECT?
A) Everyone gains from international trade.
B) Some people gain from international trade and some lose, though overall the gains exceed the losses.
C) Some people gain from international trade and some lose; overall the gains exceed the losses.
D) Everyone loses from international trade.
Correct Answer:

Verified
Correct Answer:
Verified
Q60: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" The figure shows
Q113: During the first 6 months of 2008,
Q114: Between August 2007 and July 2008, Brazil
Q115: Tariffs _ a deadweight loss and import
Q116: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" The figure shows
Q117: How does a tariff affect the government's
Q119: When the United States exports a good,
Q120: The winners from a Japanese tariff on
Q121: When the United States exports a good,
Q121: A tariff<br>A) is a tax imposed on