Which of the following are benefits of international trade? Choose one or more answers from the choices
Question:
Which of the following are benefits of international trade? Choose one or more answers from the choices shown.
a. A more efficient allocation of resources.
b. A higher level of material well-being.
c. Gains from specialization.
d. Promoting competition.
e. Deterring monopoly.
f. Reducing the threat of war.
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Related Book For
Microeconomics Principles, Problems and Policies
ISBN: 978-1259450242
20th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
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