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  3. Study Set
    Microeconomics Study Set 8
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    Exam 13: Comparative Advantage and the Gains From International Trade
  5. Question
    Over the Past Several Decades There Has Been a Rapid
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Over the Past Several Decades There Has Been a Rapid

Question 3

Question 3

Multiple Choice

Over the past several decades there has been a rapid growth in international trade.This growth has been due to all except one of the following factors.Which factor has not contributed to the growth of international trade?


A) A favourable change in government policies
B) The spread of reliable communications
C) A reduction in shipping costs
D) An increase in the tariffs charged on many goods

Correct Answer:

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