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Which of the Following Statements Is TRUE

Question 18

Multiple Choice

Which of the following statements is TRUE?


A) Free trade is beneficial only if your country is strong enough to stand up to foreign competition.
B) Free trade is beneficial only if your competitor does not pay unreasonably low wages.
C) Free trade is beneficial only if both countries have access to the same technology.
D) Free trade is never beneficial for developing countries.
E) Free trade can be beneficial to the economic welfare of all countries involved.

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