When Nations Trade, the Result Would Most Likely Be A(n)

question 6

Multiple Choice

When nations trade, the result would most likely be a(n) :

• A) increase in total production, which would benefit every nation involved.
• B) increase in total production, which would benefit only the wealthiest nations.
• C) decrease in total production, which would benefit only the wealthiest nations.
• D) decrease in total production, which would benefit countries that do not have an absolute advantage.

---

Definitions:

Public Company Accounting Oversight Board

A nonprofit corporation established by Congress to oversee the audits of public companies to protect the interests of investors and further the public interest in the preparation of informative, accurate, and independent audit reports.

SEC

The U.S. Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the nation's securities industry.

Contributory Negligence

Contributory Negligence is a legal doctrine where a plaintiff's failure to take proper care for their own safety can reduce or eliminate the defendant's liability.

Comparative Negligence

A legal doctrine that allocates damages based on the degree of fault or negligence found against each party in a lawsuit.