Which of the following is NOT an outcome of trade?
A)People with different preferences are made better off.
B)Specialization and increased productivity develop.
C)A division of knowledge among trading partners develops.
D)People in poor countries are made worse off.(True Answer )Correct

Question

Quizplus · Accepted Answer

Trade generally leads to benefits such as better allocation of resources, increased productivity through specialization, and mutual improvements in welfare. The assertion that people in poor countries are made worse off is not a typical outcome of trade; instead, trade can offer opportunities for growth and development in poorer nations.

Which of the Following Is NOT an Outcome of Trade