Which of the Following Is a True Statement

question 89

Multiple Choice

Which of the following is a true statement?

• A) Only exporters benefit from trade.
• B) Free trade harms domestic producers of goods that face import competition.
• C) All producers benefit from trade but not all consumers benefit.
• D) Everyone benefits from free trade.

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Definitions:

Medicaid

A government health insurance program for individuals and families with low income and resources.

Federal

Pertaining to a system of government in which power is divided between a central authority and constituent political units.

Medicare

A federal health insurance program primarily for people aged 65 and older, but also available for some younger people with disabilities.

U.S. Residents

Individuals who live in the United States, including citizens, permanent residents, and those on certain visas.