Which of the Following Statements Is False

question 46

Multiple Choice

Which of the following statements is false?

• A)Not all individuals in both countries are made better off as a result of international trade.
• B)Within each country,some individuals are made better off as a result of international trade,but one of the countries will be worse off overall.
• C)Although some individuals may not be made better off as a result of international trade,both countries may be made better off overall.
• D)Each country as a whole is made better off as a result of international trade,but individuals within each country may be made worse off.

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Definitions:

Rate of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment’s cost.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees.

Present Value

The contemporary value of a forthcoming sum of money or cash flow series, adjusted for a specific rate of return.

Cash Flow Stream

A series of cash inflows and outflows over a period of time, often used in financial analysis and investment decisions.