Free trade based on comparative advantage is economically beneficial because:
A) it promotes an efficient allocation of world resources.
B) it increases competition.
C) it provides consumers with a wider range of products.
D) of all of the above reasons.
Correct Answer:
Verified
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Q67: The terms of trade reflects the:
A)rate at
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Q70: Which statement is true?
A)Comparative advantage means that
Q71: Refer to the diagrams below.Which of the
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