Which of the Following Is a Fallacy of International Trade

question 42

Multiple Choice

Which of the following is a fallacy of international trade?

• A) Trade is a zero-sum activity.
• B) Exports increase employment in exporting industries.
• C) Import restrictions increase employment in import-competing industries.
• D) Tariffs and quotas reduce trade.

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Definitions:

Dilation

The process of widening or expanding an organ or opening in the body, often related to the eyes or blood vessels in response to various conditions.

Cervix

The lower, narrow part of the uterus that opens into the vagina, playing a key role in female reproductive health and childbirth.

Childbirth

The act or process of giving birth to a baby; also known as parturition.

Dilation

The process of enlargement, expansion, or stretching of a body part or structure.