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.

---

Definitions:

Emergency Calls

Phone calls made to request immediate assistance in situations of urgent need.

Confidence Interval

A spectrum of figures obtained from sample measurements which probably encloses an uncertain population parameter within a specific confidence level.

Weight Reduction

The process or result of becoming lighter in weight, often through diet, exercise, or a combination of lifestyle changes.

Confidence Interval

An assortment of values generated from sample data, considered to potentially contain the value of a non-disclosed population characteristic.