Which of the Following Is True of International Trade

question 83

Multiple Choice

Which of the following is true of international trade?

• A)It allows a country to specialize in the production of certain goods and services.
• B)It leads to a reduction in the world production of goods and services.
• C)It allows a country to move to a lower consumption possibilities frontier.
• D)It allows a country's consumption possibilities frontier to lie inside its production possibilities frontier.
• E)It makes a country's production possibilities frontier a downward-sloping straight line.