When a Country Allows Trade and Becomes an Importer of a Good

question 49

Multiple Choice

When a country allows trade and becomes an importer of a good,

• A)everyone in the country benefits.
• B)the gains of the winners exceed the losses of the losers.
• C)the losses of the losers exceed the gains of the winners.
• D)everyone in the country loses.

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Definitions:

Cultures

Cultures encompass the shared values, beliefs, norms, customs, laws, and knowledge of a group of people that guide their behaviors and understanding of the world, passed from generation to generation.

Nature

The physical world and ecosystem surrounding us, including plants, animals, landscapes, and environmental processes.

Shared Ideas

Thoughts, concepts, or notions that are commonly or mutually held, understood, or accepted by a group of people.

Nature Says Go

Suggests an innate or instinctual impulse to take action or move forward, often related to growth, survival, or reproductive instincts.