Which of the Following Statements About Trade Is False

question 88

Multiple Choice

Which of the following statements about trade is false?

• A)Trade increases competition.
• B)With trade,one country wins and one country loses.
• C)Bulgaria can benefit,potentially,from trade with any other country.
• D)Trade allows people to buy a greater variety of goods and services at lower cost.

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Definitions:

Entrepreneurial Start-Up

A newly founded company with innovative business ideas aimed at addressing unmet market needs or offering new solutions.

Equity Financing

The method of raising capital by selling company shares to investors; in return, investors receive ownership interests in the company.

Debt Financing

A method of raising capital through borrowing money that must be repaid, typically with interest.

Going into Debt

The state of owing money to another person or entity as a result of borrowing.