Multiple Choice
Which of the following statements is true?
A) Exports benefit trading countries because exports create jobs. Imports do not benefit trading countries because they result in a loss of jobs.
B) China plays little role in global trade.
C) Most of the leading exporting countries are high-income countries.
D) All sectors of the Canadian economy are affected equally by international trade.
Correct Answer:

Verified
Correct Answer:
Verified
Q46: An agreement negotiated by two countries that
Q86: China has developed a comparative advantage in
Q103: Figure 7.2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4178/.jpg" alt="Figure 7.2
Q107: Disagreements about whether the Canadian government should
Q110: Figure 7.1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4178/.jpg" alt="Figure 7.1
Q111: Figure 7.2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4178/.jpg" alt="Figure 7.2
Q113: Table 7.1<br> <span class="ql-formula" data-value="\begin{array}{|c|c|c|}
Q128: If Japanese workers are more productive than
Q156: If the opportunity cost of production for
Q159: Exports are domestically produced goods and services<br>A)sold