Which of the Following Statements Is False

question 5

Multiple Choice

Which of the following statements is false?

• A) Owners of factors of production used in industries in which a nation lacks a comparative advantage may be hurt by free trade.
• B) Trade based on comparative advantage enables a country to produce outside its production possibilities curve.
• C) Trade based on comparative advantage enables a country to consume outside its production possibilities curve.
• D) Generally, trade between two countries tends to be mutually beneficial.

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Definitions:

Persuasion

The process of swaying an individual's beliefs, attitudes, or actions through the use of argument, logic, or enticement.

Impersonal

Lacking personal feeling or attachment; not influenced by, showing, or involving personal feelings.

Reduces Resistance

The act of minimizing opposition or reluctance, often in the context of implementing changes or new ideas.

European Walking Tours

Guided or self-guided tours exploring various European destinations on foot, offering cultural, historical, and scenic experiences.