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

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

Select one or more answers from the choices shown. [LO19.1]

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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Microeconomics

ISBN: 9781108420969

15th Canadian Edition

Authors: Campbell R. Mcconnell, Stanley L. Brue, Sean M. Flynn, Thomas P. Barbiero

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