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Each of the Following Is a Reason Why International Trade

Question 58

Multiple Choice

Each of the following is a reason why international trade has expanded in recent decades except which one?


A) Technological improvements have meant that countries have become more similar in terms of the goods they can produce.
B) Many new high technology goods have been introduced for which the cost of transport relative to the value of the product is low.
C) There have been improvements in technology that have improved telecommunications between countries.
D) Policy makers have promoted policies to increase international trade, such as the General Agreement on Tariffs and Trade, and subsequently established the World Trade Organization.
E) Larger cargo ships and aeroplanes have reduced the cost of transporting goods.

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