One reason there is political opposition to international trade is that:
A) the potential gains from specialization and trade are small.
B) trade does not increase the total value of goods and services produced by a nation.
C) the differences in opportunity costs between countries are small.
D) not everyone benefits from trade.
Correct Answer:
Verified
Q141: The benefits to specialization are even greater
Q142: You are the Minister of Trade for
Q143: If country A can produce more of
Q144: You are the Minister of Trade for
Q145: An increase in an economy's productive resources
Q147: When a nation reduces the barriers to
Q148: As the differences in opportunity costs between
Q149: You are the Minister of Trade for
Q150: You are the Minister of Trade for
Q151: According to the textbook, NAFTA was expected
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