Multiple Choice
Which of the following statements is true of international trade?
A) It discourages workers from specializing in production.
B) It creates supply bottlenecks.
C) It leads to an inefficient allocation of resources.
D) It allows people to choose occupations that suit their talents.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Which of the following is a reason
Q11: The table below shows the quantities of
Q12: The United States has a large trade
Q13: Newland's net exports for a certain year
Q14: Which of the following results in a
Q16: Corinthia and Berylia both produce 5 million
Q17: The gains from comparative advantage cannot be
Q18: In most countries,trade constitutes a significant share
Q19: The government of Country X is planning
Q20: Scenario: Montesia is predominantly a producer and