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Trade Is a Source of Economic Growth and Prosperity Because

Question 113

Multiple Choice

Trade is a source of economic growth and prosperity because it


A) moves goods,services,and resources from people who value them less to people who value them more.
B) helps trading partners achieve larger outputs through division of labor,specialization,and adoption of methods of mass production.
C) serves as a zero-sum game in which the gains to one trading partner are offset by losses to the other trading partner.
D) both a and b,but not c.

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