Which of the Following Statements Is FALSE

question 111

Multiple Choice

Which of the following statements is FALSE?

• A) International trade restrictions limit specialization and the division of labor.
• B) International trade restrictions reduce the volume of trade and the gains from trade.
• C) International trade restrictions cause nations to produce inside their production possibilities frontier.
• D) International trade restrictions result in a country producing some of the product of its comparative disadvantage.

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Definitions:

Commission

A fee paid to an agent or employee for transacting a piece of business or performing a service, often a percentage of the sale price.

Sales Neutral

refers to a situation where the number of units sold does not significantly impact the financial metrics or strategy of a business.

Compensation

Payment or benefits provided to an employee or worker as remuneration for their services or work performed.

Aggressively

Acting with force or assertiveness to achieve an objective or goal, often without much regard for others.