Which of the following is NOT a benefit of trade
A)an increased variety of goods
B)lower costs through economies of scale
C)increased competition
D)an ability to control domestic and world prices

Question

Quizplus · Accepted Answer

Trade allows for a more efficient allocation of resources, an increased variety of goods, lower costs through economies of scale, and increased competition. However, it does not allow for complete control of domestic and world prices as prices are also affected by other factors such as supply and demand, production costs, and market fluctuations.

Which of the Following Is NOT a Benefit of Trade