Trade can benefit everyone involved by allowing countries to specialize in producing the goods they are most efficient at, leading to increased productivity and economic growth. This can result in both increased exports and imports, leading to a mutually beneficial situation for both the stronger and weaker nations involved in the trade.

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Trade

Question 12

Multiple Choice

Trade:

A) only benefits the stronger nation.
B) only benefits the weaker nation.
C) can benefit everyone involved.
D) can only benefit one party of the trade,but we cannot say which without more information.

Correct Answer: