International trade is advantageous because trade makes it possible for people in each country to

Group of answer choices:

a. import more than they export.

b. export more than they import.

c. employ more of their domestic resources producing things that are costly for them to produce domestically.

d. acquire goods from foreigners more economically than they could be produced domestically.

Why do nations often impose trade restrictions that make it difficult for its citizens to trade with people in another country?

Group of answer choices

a. Trade restrictions are a good way for a country to increase the income levels of its citizens.

b. Trade restrictions improve the efficiency of resource use.

c. Trade restrictions provide gains to domestic residents at the expense of foreigners.

d. Trade restrictions often provide benefits to highly visible special interest groups while imposing a less visible cost on the general populace.

According to the video clip, "International Trade - Criticisms and Responses," which of the following is true?

Group of answer choices

a. The criticism that free trade exploits workers in lesser developed countries is valid because multi-national corporations pay far less than the domestically owned companies.

b. Trade makes it possible for Florida farmers to turn oranges into cars and medicines.

c. When a good says "Made in China", this means that most of the value added to that good was done by Chinese workers in China.

d. Trade is always bad for at least one of the trading parties involved.