Which of the Following Statements Is True

question 93

Multiple Choice

Which of the following statements is true?

• A)There are no gains from trade between people in different countries because, with international trade, it's the countries that trade, and not its people, that realize the gains.
• B)Trade between people in different countries cannot occur.
• C)Trade between people in different countries can occur, but it will not result in an increase in consumer satisfaction.
• D)Trade between people in different countries can occur, but it will not lead them to better utilize their comparative advantage.
• E)Trade between people in different countries can occur, and the gains that occur are the same as the gains from trade within a country.

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Definitions:

Repetitive Actions

actions or behaviors that are performed repeatedly, often as a part of a routine or compulsive behavior in various psychological conditions.

Central Traits

Essential characteristics that form the basis of an individual’s personality and are usually evident in their behavior.

Observable

Capable of being seen or noticed through direct observation or measurement.

Behavior

The actions or reactions of an organism or a system in response to external or internal stimuli.