QUESTION 31 If countries trade with each other according to their comparative advantages, there are gains to the trade. But why the voices against trade are so loud? 0 Because the comparative advantage theory is wrong. 0 Because countries often act in a way to damage themselves economically even though there are economic gains from trade. 0 Because though trade benets countries as a whole. there are winners and losers. and losers tend to be more vocal. 0 Because gains from trade are often short-lived while losses will be long lasting. 1 points Save Answer QUESTION 32 Which one of the following is correct? 0 Measured as percentage of GDP, China's trade surplus is substantial. O The major component of China's GDP is government spending. 0 Investment is the largest component of China's GDP. 0 China consumes about 70% of its GDP, similar to the US. 1 points Save