Which Factor Does NOT Limit the Benefits from Trade

question 10

Multiple Choice

Which factor does NOT limit the benefits from trade?

• A) transportation and communications costs
• B) an increase in product variety and brand choices
• C) increasing opportunity costs from specialization
• D) import restrictions such as tariffs

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Definitions:

Unrelated Products

Products that have no significant connection or complementarity in use, production, or marketing to each other.

Existing Goods

Products that have already been manufactured and are available for sale or distribution.

Revenue Analysis

The process of examining revenue data to understand the financial performance of a business and to identify trends and opportunities for improvement.

Profit Margin

The amount a product sells for above the total cost of the product itself.