Consider the Following Statement: "Without a Doubt,free Trade Improves the Lives

question 101

Multiple Choice

Consider the following statement: "Without a doubt,free trade improves the lives of every Canadian citizen." This statement is ________ because ________.

• A)correct; it is consistent with the idea of comparative advantage
• B)correct; because Canada has long been a successful trading nation
• C)incorrect; it fails to recognize that the movement to free trade involves both winners and losers
• D)incorrect; we do not know much about the benefits of free trade
• E)correct; there are no net costs associated with the movement to free trade

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