The Expression "Gains from Trade" Refers To

question 146

Multiple Choice

The expression "gains from trade" refers to:

• A) the net benefits a country receives from trade.
• B) a nation's surplus of exports over imports.
• C) a nation's balance of trade.
• D) the benefits a country receives from quota protection.

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Definitions:

Jim Crow

Refers to a set of laws and practices in the southern United States that enforced racial segregation and discrimination against African Americans after the Civil War.

Segregationists

Individuals or groups who support the practice of separating people based on racial, ethnic, or other differences, often upheld through laws or social norms.

Local Clergyman

A religious leader serving a specific community or parish, often involved in spiritual guidance, community support, and religious ceremonies.

International Audience

A group of people from different countries around the world who are the recipients or viewers of specific content, events, or performances.