Trade Between Two Countries Can Benefit Both Countries If

question 15

Multiple Choice

Trade between two countries can benefit both countries if

• A) each country exports that good in which it has a comparative advantage.
• B) each country enjoys superior terms of trade.
• C) each country has a more elastic demand for the imported goods.
• D) each country has a more elastic supply for the exported goods.
• E) each country produces a wide range of goods for export.

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Definitions:

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The natural S-shaped curvature of the human spine, which enhances our ability to maintain upright posture and balance.

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