The fundamental force that drives international trade is
A) absolute advantage.
B) importation duties and tariffs.
C) export licenses.
D) comparative advantage.
Correct Answer:
Verified
Q5: International trade arises from
A) absolute advantage.
B) comparative
Q6: When the principle of comparative advantage is
Q7: Suppose sugar is exported from a nation.
Q8: A country specializes in the production of
Q9: In 2016, the world's largest international traders
Q11: The United States has a comparative advantage
Q12: With international trade, a country will export
Q14: Who benefits from imports?
A) domestic consumers
B) domestic
Q15: The United States has a comparative advantage
Q22: The United States has a comparative advantage
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