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