The Gains from Free Trade Are Enjoyed by a ________

question 111

Multiple Choice

The gains from free trade are enjoyed by a ________ number of people and the costs of free trade are imposed by ________ number of people.

• A) small; large
• B) large; small
• C) small; small
• D) large; large

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Definitions:

Information

Data that is processed, organized, or structured in a way that it becomes meaningful or useful to those who receive it.

Adaptive Capacity

The ability of a system, community, or individual to adjust to changes or challenges, enhancing resilience.

Upheaval

A significant disturbance or disruption, often causing chaos or change in a system or society.

Community of Practice

A group of people who share a craft, profession, or interest and engage in collective learning and knowledge sharing around that focus.