International Economists cannot discuss the effects of international trade or recommend changes in government policies toward trade with any confidence unless they know
A) their theory is the best available.
B) their theory is internally consistent.
C) their theory passes the "reasonable person" legal criteria.
D) their theory is good enough to explain the international trade that is actually observed.
E) their theory accounts for China's unique position in international trade.

Question

Quizplus · Accepted Answer

International economists need to ensure that their theory is good enough to explain the international trade that is actually observed, as this will help them understand the impacts of international trade and recommend changes in government policies towards trade with more confidence. The other options (A, B, C, and E) may be important but are not directly relevant to assessing the effects of international trade or making policy recommendations.

International Economists Cannot Discuss the Effects of International Trade or Recommend