As with new technology,trade can be viewed as a way for:
A) an economy to increase its production possibilities and welfare.
B) an economy to specialize to the detriment of everyone.
C) exporters to benefit at the expense of everyone else.
D) an economy to reduce its aggregate production.
E) none of the above
Correct Answer:
Verified
Q2: Explanations of why trade has increased worldwide,particularly
Q4: In the 1970s, farmers were able to
Q5: Which of the following country(ies)has (have)export and
Q6: By the year 2000, the average worldwide
Q6: U.S.imports' share of GDP is about _percent,while
Q9: Which of the following country(ies)has (have)export and
Q10: Imports' share of GDP is about _
Q13: The example demonstrating how corn can be
Q14: Worldwide, the trade balance must be:
A) unsure.
B)
Q20: Economists call an economy in which each
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