Over time,the "economic distance" between countries has:
A) remained unchanged.
B) fallen as costs have stayed constant.
C) fallen as costs have fallen.
D) increased with more countries actively engaging in trade.
E) none of the above
Correct Answer:
Verified
Q12: The difference between exports and imports is
Q13: Which of the following had a trade
Q14: The basic motivation for international trade is
Q14: Worldwide, the trade balance must be:
A) unsure.
B)
Q15: If Country A runs a trade deficit
Q17: With trade,
A)an economy can realize higher welfare.
B)an
Q18: Prior to 1975,the United States had:
A)balanced trade.
B)a
Q19: About _ percent of the U.S.GDP is
Q20: Over time,international trade enables an economy to:
A)run
Q21: 
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