Multiple Choice
Which of the following is a statement that supports the theory of comparative advantage?
A) International trade is a zero-sum gain where one nation's gain is another's loss.
B) Domestic industries are at risk when a country engages in free trade.
C) A country should maintain a trade surplus to succeed in global trade.
D) Global production is greater with free trade than it is with restricted trade.
Correct Answer:
Verified
Correct Answer:
Verified
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