Two reasons that explain why international trade in 2018 remained restricted is that restricted international trade
A) prevents developed countries from exploiting third world countries and saves jobs in those countries.
B) brings diversity to the whole economy and penalizes countries that have lax environmental standards.
C) brings diversity and stability to the whole economy and saves jobs in developing countries.
D) saves jobs and penalizes developing countries that have lax environmental standards.
E) benefits domestic producers of import- competing goods and services and generates tariff revenue in developing countries.
Correct Answer:
Verified
Q105: Usually the removal of trade barriers affecting
Q106: Which of the following is an explanation
Q107: Usually the imposition of trade barriers affecting
Q108: In industrial countries, there is more reliance
Q109: Choose the statement that is incorrect.
A)By trading
Q111: Choose the statement that is incorrect.
A)The costs
Q112: The gains from free trade are enjoyed
Q113: When a firm implements offshore outsourcing, consumers
Q114: The effects of offshoring from opening up
Q115: Choose the statement that is incorrect.
A)Protection saves
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