International trade
A)harms consumers but helps exporting firms.
B)helps consumers but harms exporting firms and their workers.
C)helps consumers but hurts firms that are less efficient than their foreign competitors.
D)helps consumers and firms that compete with their foreign competitors.

Question

Quizplus · Accepted Answer

International trade can result in lower prices and greater variety for consumers, but it can also be harmful to domestic firms that are less efficient than their foreign competitors. Exporting firms may benefit from increased sales, but overall, consumers tend to benefit more than firms from international trade. Therefore, choice C is the best answer.

International Trade