Multiple Choice
Trade can benefit society as a whole because it allows:
A) people to specialise in activities in which they have a comparative advantage
B) for a more efficient use of resources
C) for goods to be obtained at a lower opportunity cost
D) all of the above are correct
Correct Answer:
Verified
Correct Answer:
Verified
Q129: A person is able to obtain goods
Q130: Jean grows rice at a higher cost
Q131: Graph 3-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 3-2
Q132: If a country imports goods from overseas,
Q133: Which of the following is correct?<br>A)trade allows
Q134: Graph 3-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 3-2
Q135: Table 3-4<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q136: Table 3-3<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q138: Table 3-4<br> <span class="ql-formula" data-value="\begin{array}{|l|c|c|c|c|}\hline&\text
Q139: The producer who has the smaller opportunity