Countries generally believe that international trade has what affect on them?
A)It encourages the creation of new businesses which pay more taxes to the countries where they are created.
B)It improves the welfare of their citizens by creating jobs and allowing more variety in goods available.
C)It benefits developed countries the most because they have the most money to spend on international trade.
D)It benefits developing countries the most because they have the most to gain from international trade.

Question

Quizplus · Accepted Answer

International trade generally benefits countries by creating more job opportunities, increasing the variety of goods available to consumers, and aiding economic growth. This is particularly beneficial to developing countries, as it provides them with access to larger markets and can lead to greater investment opportunities. While developed countries do benefit from international trade, it is not solely in their favor, and the benefits are widely spread.

Countries Generally Believe That International Trade Has What Affect on Them