Consider the following statement: "Without a doubt,free trade improves the lives of every Canadian citizen." This statement is ________ because ________.
A) correct; it is consistent with the idea of comparative advantage
B) correct; because Canada has long been a successful trading nation
C) incorrect; it fails to recognize that the movement to free trade involves both winners and losers
D) incorrect; we do not know much about the benefits of free trade
E) correct; there are no net costs associated with the movement to free trade
Correct Answer:
Verified
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A)an encouragement to worldwide
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