Solved

According to International Trade Theory, a Country Can Gain

Question 150

Multiple Choice

According to international trade theory, a country can gain


A) if it protects domestic industries from low-wage foreign producers.
B) only if the trade harms its trading partners.
C) by importing goods when they can be obtained more economically from foreign producers.
D) if it maximizes the employment in domestic industries that face competition from foreign producers who have lower costs.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents