(I)With Trade,individuals Will Be Able to Use More of Their

question 93

Multiple Choice

(I) With trade,individuals will be able to use more of their time and resources producing items they can supply economically and less time and resources producing goods that they can supply only at a high cost.
(II) Reductions in trade barriers will expand the productive potential of the economy.

• A)I is true,II is false.
• B)I is false,II is true.
• C)Both I and II are true.
• D)Both I and II are false.

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