Which of the Following Is a Likely Benefit of a Trade

question 27

Multiple Choice

Which of the following is a likely benefit of a trade bloc like the EU?

• A) It promotes self-sufficiency among member nations.
• B) It promotes reduction of trade barriers between non-member countries.
• C) The trade bloc reduces cross-border competition.
• D) The competition generated by lack of trade barriers promotes innovation.

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Definitions:

Vocabulary Spurt

Vocabulary spurt is a rapid increase in the acquisition of new words that typically occurs in early childhood, significantly expanding a child's language abilities.

Rapid Increase

A swift and significant growth or escalation in quantity or intensity in a short period of time.

Underextending

The cognitive error where a child applies a word too narrowly, limiting its use to a single object instead of to all objects that belong to a particular category.

Waving Bye-Bye

A common gestural action to express departure or farewell, often one of the first communicative gestures learned by infants.