A common fallacy that is used to oppose trade is the idea that
A)the only gains from trade go to the rich, so the poor must lose.
B)"you get what you pay for."
C)"if it's not broken, don't fix it."
D)one country's gain must be another's loss.
E)what is true for one is true for all.

Question

Quizplus · Accepted Answer

This fallacy is known as the zero-sum game fallacy, which assumes that one country's gain must be another's loss. However, trade can lead to mutual gain, as it allows countries to specialize in the production of goods and services in which they have a comparative advantage. Therefore, both countries can benefit and improve their living standards through trade.

A Common Fallacy That Is Used to Oppose Trade Is