Trade deflection is an act that
A) decreases the amount of international trade in the world.
B) increases the amount of international trade in the world.
C) has no impact on the amount of international trade in the world.
D) is illegal among all countries in the world.

Question

Quizplus · Accepted Answer

Trade deflection refers to the rerouting of trade flows to different countries or regions in order to avoid tariffs, quotas, or other trade barriers. This results in an increase in the amount of international trade as trade flows are redirected. Therefore, the correct answer is B - trade deflection increases the amount of international trade in the world.

Trade Deflection Is an Act That