8. Which of the following are benefits of international trade? LO20.2 Choose one or more answers from

Question:


8. Which of the following are benefits of international trade? LO20.2 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.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Macroeconomics

ISBN: 9781259915673

21st Edition

Authors: Campbell McConnell, Stanley Brue , Sean Flynn

Question Posted: