Which of the Following Is a TRUE Statement

question 177

Multiple Choice

Which of the following is a TRUE statement?

• A) Everyone benefits from free trade.
• B) Only exporters benefit from trade.
• C) All producers benefit from trade and but not all consumers benefit.
• D) Free trade harms domestic producers of goods that face import competition.

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Definitions:

Whistle Blowing

Whistle blowing involves reporting illegal, unethical, or dangerous practices by an organization or individual, typically by someone from within the organization.

Jury Duty

Jury Duty is a civic obligation requiring citizens to serve on juries during legal proceedings, contributing to the judgment process in trials.

Smelting Plant

is an industrial facility where metal ores are heated and melted to separate the metal from impurities, producing pure metal for various applications.

Tort

A violation of another person’s rights or a civil wrongdoing that does not arise out of a contract or statute; primary types are intentional, negligent, and strict-liability torts.