Which of the Following Is a Statement That Supports the Theory

question 15

Multiple Choice

Which of the following is a statement that supports the theory of comparative advantage?

• A) International trade is a zero-sum gain where one nation's gain is another's loss.
• B) Domestic industries are at risk when a country engages in free trade.
• C) A country should maintain trade surplus to succeed in global trade.
• D) Global production is greater with free trade than it is with restricted trade.

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Definitions:

Disarming

The act of reducing hostility or suspicion, typically through charm, friendliness, or a straightforward approach.

Agreement

A mutual understanding or arrangement between two or more parties, often formalized by a contract.

Empathy

The ability to understand and share the feelings of another person from their perspective.

Groupthink

A psychological phenomenon occurring within a group of people, in which the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.