Which of the Following Statements Is True

question 30

Multiple Choice

Which of the following statements is true?

• A) Because of the transitional problems affecting some factors of production, the net benefits of free trade are generally negative.
• B) Most economists are in favor of opening markets and extending international trade throughout the world.
• C) Because of the compelling case for free trade, there are very few strong opponents and arguments against free trade remaining in the world today.
• D) Cheap labor in foreign countries can almost always out-compete expensive labor in the United States.

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Definitions:

Brittle

Describes materials or objects that easily break or shatter under stress without significant deformation.

Fragile

Easily broken, damaged, or vulnerable to harm or failure under pressure or stress.

Lead Poisoning

A medical condition caused by the accumulation of lead in the body, which can damage various organ systems, particularly the nervous system, and is particularly harmful to children.

Verbal Processing

The mental technique of organizing and understanding information through the use of words and language.