If Trade Is Mutually Beneficial,then Increasing Trade

question 48

Multiple Choice

If trade is mutually beneficial,then increasing trade

• A)Increases the welfare of producers that compete with importers.
• B)Makes countries less interdependent.
• C)Leads to increased output in export industries.

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Definitions:

Successors

Individuals designated or qualified to take over a role, position, or title in the event of vacancy or retirement.

Working Generation

The group of individuals currently active in the workforce, contributing their labor and skills to the economy.

John Holland's Model

A theory that matches individuals' preferences in work environments to six personality types, aiding in career choice and satisfaction.

Social People

Individuals who exhibit a high degree of sociability, enjoying being with others and participating in social activities.