All of the Following Are Reasons That Trade Between Nations

question 25

Multiple Choice

All of the following are reasons that trade between nations is beneficial EXCEPT

• A) gains from specialization.
• B) exchange of ideas.
• C) protection of domestic industries.
• D) gains from trade.

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Definitions:

Netherlands

A country located in Northwestern Europe, known for its flat landscape, windmills, tulip fields, and cycling routes.

Individualism

A social theory favoring freedom of action for individuals over collective or state control.

Personal Goals

Objectives or aims that an individual sets for themselves, reflecting personal aspirations and ambitions.

Group Goals

Objectives set by a group that are intended to be achieved through collaborative effort.