Which of the Following Is NOT an Outcome of Trade

question 130

Multiple Choice

Which of the following is NOT an outcome of trade?

• A)People with different preferences are made better off.
• B)Specialization and increased productivity develop.
• C)A division of knowledge among trading partners develops.
• D)People in poor countries are made worse off.(True Answer )Correct

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Definitions:

Average Operating Assets

The average value of the assets used in the normal operations of a business, typically calculated over a specific period of time.

Combined Margin

A financial metric that calculates the total profitability of a product by combining different types of margins, such as gross and net margins.

Investment Opportunity

A financial investment or venture that has the potential to yield returns or profits to the investor.

Company

A business or association of persons engaged in commercial, industrial, or professional activities, either incorporated or unincorporated.