As a general rule, free trade:
A) acts to equalize the supply of and demand for factors of production across countries.
B) causes factor prices to converge across countries.
C) increases the supply of factors of production that are domestically scarce.
D) All of these are true.
Correct Answer:
Verified
Q119: The graph shown demonstrates the domestic demand
Q120: The graph shown demonstrates the domestic demand
Q121: The graph shown demonstrates the domestic demand
Q122: An import quota is:
A)a tax on goods
Q123: Profits earned by foreign firms or governments
Q125: The graph shown demonstrates the domestic demand
Q126: As a general rule, free trade:
A)increases the
Q127: The graph shown demonstrates the domestic demand
Q128: The graph shown demonstrates the domestic demand
Q129: The graph shown demonstrates the domestic demand
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