Which of the Following Is Not True of Trade with Other

question 64

Multiple Choice

Which of the following is not true of trade with other nations?

• A) Competition abroad cuts costs and improves quality of goods produced in the United States.
• B) Trade quickens the flow of ideas and technology.
• C) Trade expands the menu of goods and services available to trading countries.
• D) Trade is directly responsible for job loss and unemployment.

---

Definitions:

Eco-friendly Washer

A washing machine designed to minimize its environmental impact through energy efficiency and water conservation.

Substantial Investments

Refers to significant financial expenditures or allocations of resources made by individuals or organizations towards assets or projects with the expectation of future returns.

Product Development

The process of bringing a new product to market, from ideation through to design, development, and launch.

Brand's Equity

Refers to the value and strength of a brand that has been built over time through consumer recognition, perceptions, and loyalty.