Which of the Following Statements Is Not True of Free

question 58

Multiple Choice

Which of the following statements is not true of free trade?

• A) Free trade leads to a maximization of world output.
• B) Free trade maximizes world living standards.
• C) Free trade always makes each individual better off.
• D) Free trade encourages countries to specialize in production

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Definitions:

Strategies

Plans of action designed to achieve a long-term or overall aim, often involving a series of steps or tactics.

Marital Status

A person's legal relationship status, typically categorized as single, married, divorced, or widowed.

Ethnicity

A social group that shares a common and distinctive culture, religion, language, or the like.

Interview Stage

A phase in the hiring process where candidates are assessed through questions and interactions.