Which of the Following Is a Benefit of Lowering the Barriers

question 58

Multiple Choice

Which of the following is a benefit of lowering the barriers to international trade?

• A) Domestic industries are better protected from foreign competition.
• B) Firms can view the world, rather than a single country, as their market.
• C) The lowering of barriers promotes communism across the globe.
• D) The lowering of barriers puts a brake on globalization of both markets and production.
• E) The economies of the members of the WTO become self-contained entities.

---

Definitions:

Probability

A measure of the likelihood that an event will occur, defined on a scale from 0 to 1.

Confidence

The degree to which one can be certain about the accuracy of a result, often quantified in statistics through a confidence interval.

Skewness

A measure of the asymmetry of the probability distribution of a real-valued random variable about its mean.

Symmetry

In mathematics, a property by which an object is mirroring on one or more axes or points, showing balance and uniformity in its shape or form.