Since World War II, several factors have contributed to the rapid growth of international trade.These factors are:
A) transportation technology, general increase in tariffs, and differences among nations in terms of production cost.
B) transportation and communications technologies, and the general decline in the level of tariffs.
C) transportation technology, reductions in the number of participants, and the general increase in the level of tariffs.
D) communication technology, general increase in the level of tariffs, and the transportation technology.
Correct Answer:
Verified
Q24: In a two-nation world, comparative advantage means
Q25: Q26: When Sally can paint a house and Q27: Differences in production efficiencies among nations in Q28: Which products were the leading imports of Q30: In terms of absolute volume, world trade Q31: Given the following production possibilities schedules, it Q33: Canadian exports of goods and services are Q34: Consider two countries which trade with each Q68: Which of the following is an example![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents