An Important Insight of International Trade Theory Is That When

question 14

Multiple Choice

An important insight of international trade theory is that when countries exchange goods and services one with the other it

• A) is always beneficial to both countries.
• B) is usually beneficial to both countries.
• C) is typically beneficial only to the low wage trade partner country.
• D) is typically harmful to the technologically lagging country.
• E) tends to create unemployment in both countries.

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