Which of the following is the best explanation for Canada's higher purchasing power relative to many nations? A)many trade barriers and high competition exist between domestic and foreign firms B)relatively few trade barriers and high competition exist between domestic and foreign firms C)many trade barriers and low competition exist between domestic and foreign firms D)relatively few trade barriers and high competition exist between domestic and foreign firms

Question

Quizplus · Accepted Answer

Canada's higher purchasing power can be attributed to relatively few trade barriers and high competition between domestic and foreign firms, which promotes efficiency and lowers prices for consumers.

Which of the Following Is The Best explanation for Canada's