Trade is likely to:
A)lead to self-sustaining countries
B)reduce the quantity of goods available in the economy
C)allow each country to do what they are better at, than other countries
D)lead to goods being produced at a lower quality

Question

Quizplus · Accepted Answer

Trade allows each country to specialize in producing goods and services that they are relatively better at producing compared to other countries. This leads to more efficient use of resources and higher overall output of goods and services, ultimately benefiting all trading countries.

Trade Is Likely To