Which of the Following Is One Reason Why Trade Makes

question 59

Multiple Choice

Which of the following is one reason why trade makes all parties better off?

• A)​Because it always expands the amount of domestic production of each good and service, and more is preferred to less.
• B)​Because it permits all parties to acquire some items better suited to their tastes.
• C)​Because it makes people appreciate what they have, and they are happier.
• D)​Because it encourages consumption rather than saving.

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Definitions:

Intention To Treat

Intention to treat is a principle in clinical trials where all participants, including those who dropped out or partially completed the treatment, are accounted for in the final analysis to avoid bias.

Randomly Selected

A method of selection that ensures each member of a set has an equal opportunity of being chosen, widely used in scientific research to avoid bias.

Drop-Out Percentage

The proportion of individuals who do not complete a course, program, or activity in which they initially participated.

After-School Program

Structured programs provided for children and youth after school hours, offering activities such as sports, arts, and homework assistance to support their development and learning.